Trend_Analyst

NZDUSD at Resistance, Possible Short Trade Set Up

Viés de baixa
FX:NZDUSD   Dólar Neo-Zelandês/Dólar Americano
NZDUSD has seen some recovery over the last couple of days but looks to have run into some resistance levels now and we could see the bear market resume. We have the past support / resistance level of 0.67900, the 50% Fibonacci retracement level of the move down from Mondays high and the 50 MA. Stochastic is oversold, we do have a crossover but %D has yet to turn down.

Possible short trade set up, risk to reward 3.1:1
Entry 0.67863
Stop 0.68010
Target 0.67400

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.