Ameo
Short

NZDUSD channel breakout + retest; large downside possible

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
21 0 0
Breakout from lower bounds of bull channel stretching back over 5 months. Prices have moved back up to re-test the bottom of the channel. If resistance is found here, it's very likely we will transition into bear market and large downside will be seen.

Related Ideas

pardis
BEARISH...SELL
pardis about NZDUSD 5 7 months ago
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