NZDUSD - SHORT - Return to the down-side

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Good day Ladies and Gents             ,

Possible short coming right up for NZDUSD             and I will scrutinise it very closely.

  • Downward trend bias is still holding based on D1 TF.
  • in H4 TF, price has went past above the EMA50 line but below the SMA 200.
  • Strong resistance at 0.66527 and support at 0.65000.
  • Price oscillating around the 0.66000.

My trading position will be short once:

Price has closed below EMA 50 AND 0.66000. SL will be at 0.66527 and TP at 0.65000.

Happy trading everyone!


This is just my trading ideas and should not constitute as trading advice or recommendation for anyone.
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