NzdUsd- short term outlook
NzdUsd was traded in a range all week, with a clear base at 0.6620 and a top at 0.67.
A short spike above resistance occurred on Thursday which proved to be a false break and the pair reversed aggressively after that just to finish the week in 0.6625 support and also the low of the week.
I believe that NzdUsd fount at least a medium-term top and rallies should be sold.
0.6670-0.6680 is my interest zone for selling this pair
A short spike above resistance occurred on Thursday which proved to be a false break and the pair reversed aggressively after that just to finish the week in 0.6625 support and also the low of the week.
I believe that NzdUsd fount at least a medium-term top and rallies should be sold.
0.6670-0.6680 is my interest zone for selling this pair
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