New Zealand Dollar / U.S. Dollar
Short
Updated

Short NZDUSD Longterm Based on Daily, Weekly + Monthly Charts

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NZDUSD failed to reach the expected levels of 0.74 and bounced of a major resistance level. We have the opportunity to short from here with the possibility of a 300 pip trade for the longer term.

This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.

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Note
Opened my position Sunday evening, 48 pips into profit so far. Shaping up nicely on the weekly tf :)
Trade active
Trade closed: stop reached
Sorry for the late update on this, I was stopped out.

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