QuileHills

NZDUSD At Top of Range

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
14
NZDUSD is at the top of it's weekly/monthly range, maintained since September 2016. I'm already entered short as I don't anticipate much volatility in USD pairs with the holiday approaching.

My stop is place above both the apparent weekly doji (too early still to call it a doji as it is only Thursday at the time of posting this) as well as above the previous high within the range, created in Februar 2017.

My TP is just over 370 pips away near the bottom of the range at 0.69131.

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