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tradingwithyg

NZDUSD - Daily Chart Analysis

Short
Dollaro neozelandese / Dollaro (FOREXCOM:NZDUSD)  
tradingwithyg  
FOREXCOM:NZDUSD   Dollaro neozelandese / Dollaro
Trend Analysis Trend Lines Support and Resistance short shortsetup NZD nzdshort shorterm Bearish Patterns NZDUSD nzdusdshort
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trendanalysis trendline supportandresistance short shortsetup nzd nzdshort shorterm bearish nzdusd nzdusdshort
One thing that I have noticed with this pair is that it moves erratically. Price only respects EMA on smaller time frames- 4H or <. As I am writing this price is breaking below another one of my support levels. If I could get a retest of the the 4H I will consider taking a short position since there should be positive U.S. data released on Wednesday.
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