NZD/USD breaks major support at 0.7250, good to short rallies Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Aug 22, 2016 5:38 AM

NZD/USD breaks major support at 0.7250.

Techs on daily charts support downside.

Good to short NZD/USD rallies for 0.7183.

Violation there could see downside upto 0.7110.

Comments

isuru003

⋅ Aug 22, 2016 5:47 AM

Good analysis

Batman-oz

⋅ Aug 22, 2016 5:41 AM

Just entered the trade as your idea came up, so maybe great minds think alike, lol. thanks for assuring me of the trade.