MtxTrader

NZDUSD 4h Short at Resistance

Short
MtxTrader Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Price has reached resistance and has stalled, and Stochastic has become overbought - it seems to be a pattern.
Comment:
Looks like a legitimate reaction to price reaching a resistance
Comment:
USD gaining steam, I will close this before weekend.
Comment:
^ seems counterintuitive, but I don't like holding positions over weekend.
Comment:
Closed, 30 pips profit! Have a good weekend ladies and gents.
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