Order entry short on NZDUSD at 0.70905. Last weeks Big Shadow close on weekly TF suggest further move to the south.
Price has broken below .711 daily Support level and is now showing signs of resistance which makes this a good time to short.(if trade is triggered at .70905 RR 1.25 We also have confluence with EMA and MA indicators.
Price has broken below .711 daily Support level and is now showing signs of resistance which makes this a good time to short.(if trade is triggered at .70905 RR 1.25 We also have confluence with EMA and MA indicators.