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EvanEichelberger
Jan 29, 2020 5:21 PM

NzdUSD Pushing farther down than expected  Short

New Zealand Dollar/U.S. DollarFXCM

Description

I took a stab at using renko blocks for this analysis. It looks like this pair will be trending down longer an father than expected by a few analysts. I'm taking a short position for the next week on the expectation that this will fall to a previous support level.

Comment

Sorry for the shitty chart, I think I may have made a mistake during publishing.

Trade closed: target reached

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