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martin7
Mar 10, 2016 4:56 PM

NZDUSD respecting the trendline Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD suffered strong selling yesterday when their central bank surprised markets when they reduced their interest rate in .25%.

Price fell till the daily trendline if price breaks it. I think we will see .6570 and if that level is broken, .6470

I was burned last week when we opened the week with a gap, but lets see how this works.

Let´s see what happens.

Trade safe traders, regards! ;)

Trade active

Sell stop was trigered at .6635. Stops at BE

Trade safe traders, regards! :)
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