PhilGore
Short

NZDUSD Approaching key price level

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
42 1 5
NZDUSD             spent a good part of 2015 trending down and gave us a little relief rally near the end of the year. Price level between 0.6800 and 0.6900 has held as a strong area of resistance. If we approach this level we'll jump down to our lower time frames and see if any short opportunities are presented.

Thanks for looking!
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We've touched our resistance level on the daily chart and will continue to monitor this pair to see if it continues to make lower lows on the 1h chart. Will look for short set up with good risk/reward.
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