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SamuelToro

NZDUSD Up Before Down?

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
SamuelToro  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
1
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it looks as if NZDUSD pair is running out of steam, we can see it from the rising wedge with diminishing momentum. This is a "bearish" reversal pattern but I would not short before the highs drawn with the red line. The pair might try to make one more run up and touch those highs.

Safe Trading. Let the market do what it do !

-ST
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