forexTrdr

forexTrdr NZDUSD - CLEAN EASY SHORT ON STRONG RESISTANCE

forexTrdr 업데이트됨   
FX:NZDUSD   뉴질랜드 달러 / 미국 달러
Afternoon traders,

Looking to enter a short trade on New Zealand Dollar versus US dollar after the pair have failed on numerous occasions to breach resistance just under 1.06.

Add to this that the pair is extremely overbought on stochastic and the price patterns pointing to a move lower as per out trading view charts.

Clean simple trade with a the ability to trade with a very tight stop loss just north of resistance and look for a retest of March lows around 1.03

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Good luck trading

from the Team at forexTrdr



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