Jamal92

Selling Position - NZD/USD

Kort
FX_IDC:NZDUSD   Nyzeeländsk dollar/USA-dollar
NZD/USD has rallied by more then 4/5% since May without a pullback. The signs I see is that a divergence has formed on the RSI and the stochastic indicating that its overbought on the weekly (You can see whenever the stochastic hits overbought levels there is a drop) and lastly it has broken through the more then 1 month old trend line and also struggled to breakthrough the resistance trend line which whenever it got tested it has dropped which you can see that a bearish candle has formed when it couldn't breakthrough.

With all of these signs I feel that its a SELL.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.