justatrader

NZDUSD - To short or to go Long??

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
71 1 0
Currently in 'waiting mode'
Professional market analyst with a keen interest on futures. Love keeping an eye on the markets. Currencies, bonds, commodities. Combining technical analysis and the fundamentals. Contact me for more details.
So, the upper line did break and price rallied to the upper zone. A possible short trade might be forming, but we'll have to closely watch the two levels and how price behaves when its back re-visiting the region between the two horizontal lines.
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