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Mihai_Iacob

NzdUsd sitting on support

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
Mihai_Iacob  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Technical Indicators Wave Analysis
6
0
trendanalysis indicator waveanalysis
NzdUsd is sitting on the support provided by the trend line drawn from 0.62 low and horizontal support line.
A weekly close under this support will confirm flag formation and give us reason to sell towards 0.62

Strategy:

Sell on break of support
SL @ 0.6420
TP @ 0.6250
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