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theselfishtrader
Oct 6, 2019 9:07 PM

NZDUSD Long opportunity on the horizon... Long

New Zealand Dollar/U.S. DollarFXCM

Description

Price has been halted at resistance (previous swing highs)
Two bearish candles, including a doji suggest indecision and bearishness creeping in
Should price begin to fall, I expect a test of the 50% - 61.8% fib levels which has confluence with a significant support level (0.62690)
Should price test and hold, I will look to get into a long position.
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