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InvestingScope

NZDKSEK: Shorting the Higher High/ Resistance.

Short
NEW ZEALAND DOLLAR / SWEDISH KRONA (FX_IDC:NZDSEK)  
InvestingScope  
FX_IDC:NZDSEK   NEW ZEALAND DOLLAR / SWEDISH KRONA
Trend Analysis Chart Patterns Technical Indicators NZDSEK NZD SEK newzealanddollar swedishkrona Forex Currencies currency
4
0
trendanalysis chartpattern indicator nzdsek nzd sek newzealanddollar swedishkrona forex currencies currency
The price is trading on a stable 4H Channel Up (RSI = 68.273, MACD = 0.025, Highs/Lows = 0.0242) and is approaching the patterns potential Higher High ~6.1250, which also happens to be the Resistance on 4H. This combination creates an optimal sell opportunity on a very short term basis, TP = 6.0600.





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