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bpxqd
Jun 14, 2018 4:33 PM

NZDUSD TRADE 14/06/2018 Short

New Zealand Dollar/U.S. DollarFXCM

Description

Don't Think there more to be said about this trade.

8 Attempts have been made to break the 78 fib level with no strong close above. Price is looking like it has strongly rejected the last attempt and enough is enough.

A possible shooting star candle is looking to be formed and if price can break and close below both the 61 fib and the 0.70000 key level then I can't see anything else but more downside potential at least to the next key level of 0.68000

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