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lixing_gan

Short NZDUSD

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
lixing_gan Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
1. RSI (89) testing descending resistance level
2. Testing resistance of the channel
3. Fibo retracement (38.2% level) and horizontal resistance overlap + descending resistance line
Comment:
1. RSI (89) testing descending resistance level
2. Prices testing resistance of the channel
3. Major resistance at 0.73120: Fibonacci retracement (38.2% level), horizontal resistance overlap, descending resistance line
Comment:
1. RSI (89) testing descending resistance level
2. Prices testing resistance of the channel
3. Major resistance at 0.72765: Fibonacci retracement (38.2% level), horizontal resistance overlap, descending resistance line
Trade closed: stop reached:
RSI bullish exit, cannot be considered a channel formation, breakout of descending resistance line, strong resistance at 61.8% Fibonacci retracement
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