Fxi_Fe

NZDUSD SHORT

Short
Fxi_Fe Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD broke and retested a weekly support now turned into a resistance. EMA's have a correlation from the weekly to daily and H4 timeframe. All our technical tools are giving us the confluence to go short. As an extra confluence and confirmation; the DXY (dollar index) is currently on a bull run leaving NZDUSD having a negative correlation with the dollar since it's not the base currency.
Trade closed: stop reached
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