New Zealand Dollar / U.S. Dollar
Short
Updated

A Kiwi for Dinner

224
Yum. It seems like a super sell here, after days of a large drop. The pair tested the 38.2% (idea below) 11 times and the drop was expected. The pullback from the drop was nice...and we can expect the downtrend to resume, as indicated by the 200 day VWMA.

Large volatility incoming . I expect you to hold it until signs of downtrends appear.

Best of luck.

Riz.
Note
32-day resistance break! Rocketing NZDUSD!!
Note
See that resistance level. Chuck Norris, that!
Note
Stop at red. TP at green. (For scalpers)

snapshot

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