FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
78 views
9
78 0
NZD/USD is currently stalling at the .50 fib retracement level despite dollar weakness. This area is confluent with shorter term resistance. We will be watching price action on lower time frames for short entries, and also adding to the position on a break of the 1hr counter trendline . There is some data/key speakers that could give this a push, with Fed Chair Yellen and US President-elect Trump to speak this week as well as US JOLTs Job Openings data today and US Retail Sales and PPI data on Friday. First targets for shorts is 0.6850, second at 0.6750.
Jan 12
Order cancelled: Trade idea invalidated as prices broke above the resistance and out of the descending trendline
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out