JacobOlaniregun

JacobOlaniregun

The setup forming looks to be a double bottom which has previously given signs of a decent rally – in both early 2012 and again last year. The key level to watch is 114.37. A weekly close above there would confirm the setup and indicate a rally to almost 120.00

JacobOlaniregun

NZDUSD IS IN A DOWN TREND AND SEEMS OVERBOUGHT

JacobOlaniregun

I'M WAITING FOR A RETRACEMENT TO ABOUT 50% RETRACEMENT TO INITIAL A SELL TRADE ON EU

JacobOlaniregun

THE CURRENCY LOOKS LIKE IT HAS HIT A RESISTANCE AND ABOUT TO RESUME DOWNWARD MOVE