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Short

NZDUSD - 4 Hour Trade Sell

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
87 0 5
Greetings Fellow Traders,

NZDUSD             trade entry possible in approximately 30 minutes at the close of the current candle. We are looking for price to maintain it's current form, closing at or below the .6625 area.

If this should happen, any rise should be taken as a selling opportunity and immediate targets will be looked for at the most obvious support level near .6587 which is the key technical level for the long term bears to resume their trend.

Selling pressure will be expected to continue for at least the next 4-6 hours.

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