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MatrixBits
Aug 30, 2016 1:18 AM

NZDUSD - .72700 to .68900 or lower Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD - .72700 to .68900 or lower based on Monthly pattern retrace.

S/L: .72800

Trade active

Trade is active but .73+ might hit a top just monitor the trade to the top.

Comment

Be careful seeing a double inverted H&S pattern that might spike this trade to .73+

Comment

Spotted strong support on DXY (USDOLLAR INDEX) I would short from .72500 to .72 or lower. Support was found at 95.580
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