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MEX_Exchange
2018年3月12日早上3點31分

NZDUSD testing major resistance, time to sell 看空

New Zealand Dollar/U.S. DollarFXCM

描述

NZDUSD is at a good opportunity to sell.

Sell below 0.7306. Stop loss at 0.7341. Take profit at 0.7249.
Reason for the trading strategy (technically):
Price is testing major resistance at 0.7306 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and a strong drop could occur at this level to push price all the way down to 0.7249 support (Fibonacci retracement, horizontal swing low support). We do have to be cautious about 0.7276 intermediate support as price might bounce off there.
Stochastic (34,5,3) is seeing major resistance below 95% where a corresponding reaction could occur.

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