After a spike due to NZD interest rate, Price failed to break the bearish trendline.
Price has been trapped in what i call the Bearish-overlap and clearly Support has turned to resistance. A clear indication the sellers are in charge and gaining momentum.
With US yields at fresh highs; FOMC minutes ahead my overall bias for this pair is bearish.
I'm in 20 Pips profit. You can join trade @ Entry 0.62187 ---- SL @ 0.62345
This is not a financial advice, you are oblige to do your own research.
Please like and support with a boost.
Price has been trapped in what i call the Bearish-overlap and clearly Support has turned to resistance. A clear indication the sellers are in charge and gaining momentum.
With US yields at fresh highs; FOMC minutes ahead my overall bias for this pair is bearish.
I'm in 20 Pips profit. You can join trade @ Entry 0.62187 ---- SL @ 0.62345
This is not a financial advice, you are oblige to do your own research.
Please like and support with a boost.
Trade active:
Waiting for that bullish impulse.