New Zealand Dollar / U.S. Dollar
Short
Updated

NZD/USD Short Analysis

60
Hello everyone,

Seildev here for another brief Analysis on NZD/USD:

- Respected daily resistance from 7th/Nov/2016
- Weekly resistance at 0.7300 since 20th/June/2016
- 0.7300 Psychological number
- Nice doji candle forming at daily

For aggresive approach
- Area of interest to short around 0.7265

For conservative approach
- Area of interest to short after daily close below 0.718

Will be monitoring tonight to see where the daily candle closes.

Once 0.7328 is broken, all ideas above are invalid and will look for upward trend

Safe trading everyone.
Trade active
Note
Waiting for 2nd pull back to 0.7311 to put on another size for shot. Will be monitoring this pair closely this evening

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