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Mihai_Iacob
Sep 29, 2021 2:03 AM

NzdUsd- 0.7 zone is a strong sell  Short

New Zealand Dollar/U.S. DollarFXCM

Description

After consolidating around a week above the important 0.7 figure, NzdUsd has broken below, confirming the continuation of the recent down trend.
At this moment the pair is trading in the support zone and we can have a small rebound.
This corrective rally can be a good opportunity for bears to open short positions slightly under 0.7
Comments
KlejdiCuni
Very nice analysis.
Mihai_Iacob
@KlejdiCuni, thanks for comm
yonsfx
come on
Mihai_Iacob
@yonsfx, thanks for comm
ForexTrendline
good call, keep up the good work!
jojofang0901
down move has begun good job :)
ProjectSyndicate
proper TA with great summary I like it
MMBTtrader
Amazing work here! thanks for sharing
MonoCoinSignal
Thanks for sharing
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