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TheBanker
Nov 17, 2016 10:12 AM

NZDUSD Bearish signal confirmation on weekly Short

New Zealand Dollar/U.S. DollarFXCM

Description

Morning Traders,

The recent upward spike was quickly and decisively reversed, once again providing strong evidence of N.U's inability to maintain rallies above .730

Targets 0.66650/0.6700


Best of luck and congratulations to our premium members who have made the most of recent fx volatility.

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Comment

hammer it home
Comments
NewsFilters
Hello, but wait... are your analysis long or short term for NU? And do you use Price Action often?

Thanks.
TheBanker
@NewsFilters, L/T and yes price action is an important factor in market psychology
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