FX-TradingLions

NZDUSD - COULD BE A GOOD SELL

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hey traders

We have a strong bearish channel, with a recent 4h engulfing confirmation. 15 Minute a strong triple top, into a new low with strong engulfing candlestick as well confirms the bearish bias, should see this trade drop lower to the previous daily area of sensitivity market in the charts.

If the daily is broken we will see this trade drop further.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.