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Forextuitions
Jun 22, 2017 10:00 AM

Short NZDUSD Short

NEW ZEALAND DOLLAR / U.S. DOLLARICE

Description

NZD USD spike after RBNZ rate hold also RBNZ statement today maintained a very neutral tone, on other side we still see a rate hike earlier than the RBNZ's ,as technically the pair traded on trend with strong resistance , if break will see soon 7300/7350,Before go higher it could possible to re test support of 7180/7140 to bounce back.

Let's open a trade with small stop loss.

Sell NZDUSD

@0.7265

target: 0.7190
stoploss: 0.7300

gud luck

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