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Nzdusdshort

NZDUSD ShortAloha. This could be a quick play short because the recent trend and run has been quite bulllish, however... Daily - showing signs of consolidation and rejection of the 50 ema where price is hovering. 1hr- If price breaks strongly bearish and well below the 50ema, this may trigger me in. 4hr - A better consolidation for this pair to go short would be if price was below the 4hr 50 ema, however, we may be in the long ride down if the bears come into play. We can see a rejcetion and bounce right back into a conslidating pattern. It's been 3 days since any major movement and indicates this may be a good time to enter but it's okay to not rush it. Price can continue its bull rum. On a LONG note: If price can move off the 1hr and 15minute with a nice break of the ascending channel, then I will be looking for BUY entries on this! Tread lightly when placing a trade in this market. Allow for more room to be lenient with your SL. It's not always about making money but instead, how to preserve your capital! Happy trading all!
Short
by Reid_Hicks
2
nzdusd shorthello guys, In this short video i show my analysis for the nzd/usd pair. I see the weakness of the nzd dollar continue as the corona virus continues to cause havoc. The new Zealand economy similar to the Aussie economy is strongly supported by demand of commodities and tourism from china. with Chinese cities being shut down and flight being cancelled this will likely take a torn this weak on nzd until the virus is curbed. This is just my bias and should be taken with a grain of salt. I am only looking for shorts on kiwi pairs.I will also be watchful of what the bank of new Zealand has to say in regards to interest rates. Last week in a surprise decision GBP took me out because the statement from the bank of England affected the bond markets in the uk which in turn shot the price all the way up even though the UK economy is clearly weak
by collinsweball
Nzdusd Possible Move to the Given Targets Whats up Traders Lets have a look at NZDUSD from the weekly Tf, Very Good Possibility For the next move or retracement to the downside, because we are trading below the 61.8 Fib On the weekly. The Market is still Bullish, so we will need to wait for a current Environmental Change and break of structure . Confirmation - Break of structure on the 4H TF and retest. * Dont forget to like and Comment in the section below if you thought this analysis helped you in some way, or if you have the same idea! See you guys in the Next Video!
Short
by Global_Fx