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TheBanker
Feb 11, 2017 9:40 AM

NZD under pressure once again (monthly) 做空

New Zealand Dollar/U.S. DollarFXCM

描述

The neckline to the double top pattern at 0.74 has once again come out on the winning side, the confluence of the daily up sloping channel and a descending one. The formation of a daily shooting star adds proximity to a hurdle.

With the weekly RSI closing in on resistance, upside is likely to remain capped.

In the short term a correction towards 0.7060 of the recent rebound is likely
评论
Fast-Breakouts
good work..I'm long GBPNZD longer termso all best matey
TheBanker
@emilio1, hey Emilio, thanks for your comment - gbpnzd looks like you have found the rainmaker, whats your target?
darkmobility
thanks for this! nzd seems poised to drop this week
TheBanker
@darkmobility, thanks bud, indeed last weeks inside bar has opened the gates!
Trader_Dale
Thanks for your analysis mate. I think it is going further down now because of fundamentals. Good luck!
TheBanker
@Trader_Dale, hi mate thanks for your kind comment, you are exactly right! All the best with your position(s)
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