This area has been holding the price from going up several times alrady. Now the price is approaching a bearish trend line in the hourly time frame which could cause the more bearish pressure, Since the price is also ranging sideways, I will only be targeting the lower side of the range to have higher chance of winning.
Good luck in trading guys!
For detailed analysis with the higher time frame,
razoteforex.com/2015/12/01/nzdusd-trade-short-nov-30-2015/
Good luck in trading guys!
For detailed analysis with the higher time frame,
razoteforex.com/2015/12/01/nzdusd-trade-short-nov-30-2015/
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