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PhilGore

NZDUSD Approaching key price level

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
PhilGore  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
5
1
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.

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