theforexportal

SHORT NZD/USD @ MARKET .6103

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
My in-house indicator (Disciplindicator) is flagging this as a 3 star SELL trade. Price is at WR1 pivot which sits at a band of resistance. The last 2 candles have been a shooting star and a spinning top doji so all the signs are we could go lower from here. Nice 16 pip STOP above the recent high.
Target is provisionally .6000 but this will be re-assessed should the BEARS take control.