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RajagopalanKV

NZDUSD - Potential selling opportunity with a minimal stoploss

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
RajagopalanKV Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Chart Patterns
2
0
chartpattern
NZDUSD appears to be continuing the downtrend in the shorter timeframes. potential opportunity to sell at current price with a minimal stop loss of 10-20 pips.
Comment:
the trend line that i have drawn appears not to match correctly. the pair still appears to be in the ED channel.
Trade closed: stop reached:
This was suppose to be a good trade...but end of the day market is always right. not sure what triggered the sell off for USD given the fact that inflation data was positive.
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