TradingView
NRicciardi
Jan 15, 2016 1:53 PM

Daily NZD/USD Short? Short

New Zealand Dollar/U.S. DollarFXCM

Description

I can see many confluences giving me a bias to the downside. Here is my reasoning:

- Rejected @ 50% Fib Zone
- 200 EMA Acting as Resistance
- Monthly Support turning into Resistance
- 20/50 EMA rejected price
- Broke CTL Trendline + Weekly Support
- ABCD Play

Thank you and good luck.
More