tradermikey

nzdusd bearish looking for support

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
As we can see on the chart is the audusd pair bearish on the moment. Looking at the recent history learns us that it will look for support at the green support line. The StochRSI goes down like a stone at the moment. So it confirms our short trade for the next days. This trade is good for 44 pips profit. I recommend to set your profit target around 0,65000. I recommend to stop the trade when the red resistance line is broken since the trade won't be valid abymore at that point.

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