FX:NZDUSD   New Zealand Dollar / U.S. Dollar
103 3 5
On the chart above we have a qualified TDTL break to the downside and Bearish Engulfing Signal prior to that which closed below the T-Line indicating that the bears have stepped in and that a change in investor sentiment have come in to play. Expecting price to reach target during the course of this week.
This is arguably the most cost effective Fx pair to trade. Perhaps with today's weak GDT auction, the bearish bias will resume. Thanks for sharing.
+1 Reply
Carl_G coondawg71
My pleasure :)
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