Feedback Form
28 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZD/USD Confirming Topping with Eye on 0.79

posted by Avatar FXTimes 435 days ago in USD, NZD, Technical made popular 435 days ago

The market faded the NZD/USD after it had a pullback toward the 0.83 level, failing to reach 0.83, and respecting the 200 SMA in the 4H chart. The previous update anticipated this rally and the trade plan to fade it around this area is working out. This means the market is confirming the break below a topping pattern seen in the daily chart...
Log in to comment or register here.