TradingView
Shourov_kk
Feb 10, 2019 8:56 PM

NZDUSD Sell opportunity !! Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD has been oversold last week as a result of the Disappointing employment data weighs on the NZD last Wednesday and AUD new release. The pair will probably continue its bearish movement to lower lows near the 0.67 blue area and the 0.6650 [TP2]. Also this pair is trading below the 0.50 fib so we can expect no retracement for the next week if it breaks also the 0.618 fib area near 67,20 .
More