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Online_Guru_Trader

A possible USD strengthening happen will move this pair

Short
New Zealand Dollar / U.S. Dollar (FX_IDC:NZDUSD)  
Online_Guru_Trader  
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
5
0
This is a view based on technical analysis. USD has weaken quite a bit for the past two months and this NZDUSD pair has since gone up for the past two months. It is starting to show it is tired from it two months run up with MACD histogram divergence. Looking to short this. Stop loss at 0.7491 with entry at anything above 0.7300. Targeting at least 400 pips.
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