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Kanic1225
Sep 18, 2020 2:35 AM

NZDUSD testing a strong resistance range Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD testing a strong resistance range.
Since July, this range has been reverting all bullish force.
We can say this is a respected range since, before July, it was supporting range.
What I expect is for NZDUSD to drop down and create a reversed head and shoulder and continue to the upside.
I recommend watching this pair on the 4-hour timeframe and sell only when it changes from a bullish to a bearish trend.
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