Get started
ChrisLaw1

NZDUSD: Short From Strong Resistance

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
ChrisLaw1  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Technical Indicators
1
0
trendanalysis indicator
The price is rising towards a very strong resistance zone which also aligns with the 200 moving average
I believe a rejection from this level could lead the price to drop towards the rising trendline support
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.