EddieShin

NZDUSD SHORT SETUP

Short
EddieShin Updated   
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
CURRENTLY THE MARKET IS MAKING A NEW LOW
WAIT FOR RETRACEMENT BACK UP TO 0.72000 TO GO SHORT @ ST RESISTANCE
Comment:
The pair coming back up to 0.72000 and ST resistance zone

ST resistance still valid for short location but there is always a possibility that it could break the zone since it is ST intraday resistance
ST resistance isn't clear in higher time frames
Comment:
The market still trading below ST resistance @ 0.72000 but I don't see strong momentum moves from both sides of the market

Downward correcive

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