FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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if we take a look at weekly time frame, we can see that the price touch the 50% fibonnaci level of the main down trend, so i think that the correction will end soon and the trend will be back again DOWN .... on daily time frame i notice a good divergence sign, that is mean that the up trend (correction) become weak and bulls got tired.
SELL this currency is a very good idea
every things gonna be allright
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Salam Nizar...nice work but if would let me i disagree .One weekly chart the pairs in up trend move while on daily the correction is occurred. When the Pairs,stock or whatever being on weekly chat in uptrend,then i take the chance to build new long Positions on correction not SELL. Sell here is just to trade on daily(with cautions ) but not to hold positions in sell mode.
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