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theselfishtrader

Breakout short on Kiwi

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
theselfishtrader  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns kiwidollar NZDUSD Forex forexsignals swingtrading
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trendanalysis chartpattern kiwidollar nzdusd forex forexsignals swingtrading
Kiwi has double bottomed with no bullish follow-through.
Price is grinding away at long term daily support.
If support breaks with momentum, then there is a lot of air before the next support level, with a very strong weekly support level at 0.602 (the 161.8 Fib extension level)
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