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Jimmy_Pablo

NU Short idea

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Jimmy_Pablo  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Supply and Demand Pivot Points
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trendanalysis supplyanddemand pivotpoints
We've just taken out 4 hour demand as I was looking for initially. I've got two ways this could play. Both are fresh levels. USD looks ready to load up for some more longs as the weeks progress so wouldn't be surprised if we begin to get a small pull back now. Support n resistance traders will be looking at 0.65950 as an area of support. This if held will be a good place to suck more buyers into the market and provide additional liquidity which appears to be dying down after the first initial leg down on the daily. NZDUSD
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