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Piet.Hein
Apr 22, 2016 2:35 AM

NZDUSD Analysis 

New Zealand Dollar/U.S. DollarFXCM

Description

My short term is bullish, but as you see on the chart, it can turn out to be bearish very easy.

Comment

nice reaction around the trendline
Comments
arif_awan
awesome chart piet.
Piet.Hein
thanks friend :)
Hiisham
awesome ;)
Piet.Hein
:)
Heribud
Hi Piet, I think this pair is bullish, I am looking for a bounce off 0.6870 area which I think is a good support given the previous resistance at this level.
Piet.Hein
Hi Heribud, yes this is a great support, on the short term Im bullish, but if the descending trendline hold, It can fall beautifully on my view. Or maybe it can start to fall next week due to the perfect hammer on weekly chart, did you see?
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