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vincentlee3

NZDUSD resistance and 0.618 short

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
vincentlee3 Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis
3
0
trendanalysis
We can notice that NZDUSD touched the resistance area for a week, but still cant break up.

Now, NZDUSD is pulling back.
We wait for the 4 hour chart, if it cant break 0.618, we can short.

SL: 0.7420
TP: 0.7320/0.7280/0.72
Comment:
Break the 0.618 in 4 hour chart,
so don't entry
wait for the confirmation
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