necryeo

what i think will happen soon to nzdusd

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Divergence has a occured, so i am expecting a reversal soon. I'm not sure when it'll happen and I'm not going to predict the market. Looking for more signs of a reversal like price breaking the trendline and all. Will be looking for a long if that happens. Even so , I am overall bearish seeing how strong the us dollar has been looking. Therefore will only take profits for 0.3 and 0.5 fibonacci retracement levels. Nothing too crazy. This is what i'm expecting but of course i may be wrong. What do you guys think? Bearish or bullish overall?
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