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wjsharples1

NZDUSD Short \\ Lower Timeframe (Hourly)

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
wjsharples1  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Technical Indicators Trend Analysis Gann NZDUSD murreymath
2
0
indicator trendanalysis gann nzdusd murreymath
Price has trended nicely and moved through to the 1.618 Fibonacci extension level. We've seen a slow down and a failure to break past 0.7380 which appears to be a nice resistance level. We are overbought on the MM oscillator. Volume showing a switch to selling dominance. Expecting good drop with a good RR ratio of over 3.5 (but could definitely get more if we move through MM levels without sign of trend continuation)
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