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theTrendtradr
23. Apr. 2016 22:29

NZDUSD D (Chart Update): Yet another upside Breakout has failed Short

New Zealand Dollar/U.S. DollarFXCM

Beschreibung

Numerous times price tried to break out to the upside on the NZDUSD Daily. It has always failed. During the last week of trading the same has happened, price wasn't able to stay above the important resistance area (marked by fractals), instead it went right back into the balance zone. It's possible a new down fractal will form soon, that would be another selling opportunity.
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