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nextgen
Nov 30, 2016 5:09 PM

Short NZDUSD, pair retesting breakout resistance Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD paid has broken the uptrend journey and breakout occurred at 0.71052 and set the downtrend, it has today retested the resistance and reversed making false breakout. traders may enter short in this pair with a target of 0.69600 in near term, and set stop loss 10pip above the resistance.
Comments
jojofang0901
Beautiful trade setup, I have similar view as well. Thanks for sharing.
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