Fxprotrader
Short

NZDUSD Shorts To Take Charge Next Week

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Price has reach a level where more than one factors showing we should watch for short setup. Climbing a little more and it will soon test the median line of a up slope fork, the slide parallel of a long term median line . the 0.786 fib level of the previous impulse and a previous structure level (look left). If a sell setup completes at this zone it's a go, selling NZDUSD             .

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She more likely looks set to fall from here having faltered at the 0.786 so I am short.
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agreed. if also reviewed with monthly chart, direction is still head south.
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Just wondered what your thoughts were on Friday's bullish candle? I just get the feeling that a double top may be imminent before a reversal.
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After a small pullback a b/o upside together with euro aussie, and gold is a possibility.
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