NZDUSD: OPPORTUNITY TO SELL NZDUSD Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jul 23, 2014 11:05 PM

I SELL NZDUSD to 0.8520, stop loss at 0.8650

RBNZ disapppointed market when they hiked rate by 25bp to 3% but signal to pause rate hike and wait for further improvement of economy.

With clear change in monetary policy, at least NZDUSD will fall to next significant support at 0.8520, and could fall further to 0.8410

We provide Free ,Stable, and Profitable Forex Signals and update Forex Analysis. : facebook.com/sforexsingals

Comments

tradingformoney

⋅ Jul 25, 2014 8:23 AM

You make the dc easy to understand. Thanks for the publish.

Sam0101

⋅ Jul 24, 2014 3:46 AM

Hmm, will there be any retracement get back to around 0.87?

PheelipeGutierrez

⋅ Jul 23, 2014 11:52 PM

So down in the next 24 hours ?

Sforex

⋅ Jul 23, 2014 11:54 PM

2 weeks

PheelipeGutierrez

⋅ Jul 24, 2014 12:16 AM

Wednesday leaves the data in united states of GDP, if the data is something positive can affect the fall?
Thanks.

Sforex

⋅ Jul 24, 2014 12:18 AM

No data regarding to US GDP on Wednesday, the next important data is Durable Good Orders on Friday. Next week is FED Interest Rate Decision.