geewilson

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Last visit Joined 2 years ago
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100 % forex
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NZDUSD 100% | 2
geewilson geewilson NZDUSD, 240, Short , 2 years ago
NZDUSD: NZDUSD Support becoming Resistance
13 0 1
NZDUSD, 240 Short
NZDUSD Support becoming Resistance
Are we seeing support becoming resistance with NZD, continuing falls in the commodity price has to put pressure on the NZD and push it down to a more realistic value around 0.72. Selling at the 0.75 level may not be a bad option, aiming for the resistance level of 0.725 seen in March.
geewilson geewilson NZDUSD, 240, Short , 2 years ago
NZDUSD: NZD/USD Bearish
22 1 1
NZDUSD, 240 Short
NZD/USD Bearish
We can see the NZD/USD has not pushed through the 0.76 level the past two weeks. This technical analysis combined with the fundamental down turn of the dairy market have set up a trading opportunity to sell at the 0.76 level. The NZD/USD is overvalued at this current time and we should see the currency move towards ...
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