NZDUSD Trendline Broken.. Waiting for retest! Long

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jan 17, 2017 9:11 AM

Good Morning Traders,

The trend line on the NZD/USD has been broken. I'm simply waiting for a retest of the trend line for a potential buy position. The RSI is currently oversold, therefore a pullback should give the RSI some room for movement.

I'll keep you all updated on this position!

Many thanks and good luck,
Ike