My brief Monthly, Weekly, Daily & 4hr NZD.USD chart analysis.
I will be updating this pair as we progress to give a clearer insight into what i'm watching.
Sell stop order is currently in place.
I will be updating this pair as we progress to give a clearer insight into what i'm watching.
Sell stop order is currently in place.
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Position Update:
Sell stop order we be left over this evening as in my opinion i see more downside on the break of the 4hr TF
Sell stop order we be left over this evening as in my opinion i see more downside on the break of the 4hr TF
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A 4hr EMA break would be significant as shown on chart below.
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Currently i don't have a pending order on this pair as we were not triggered earlier this week, however price is continuing to find resistance at .7300 so this pair is back on my radar into this evening.
For me price has formed a clear bull trap as price broke the .7300 handle.
Sell stop order is still in place on this pair.