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Forex pairs in this Article » NZD/USD
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Talking Points

  • NZD/USD Technical Strategy: Pending short, waiting for attractive risk/reward
  • Prices turned lower as expected after putting in a Bearish Engulfing candle pattern
  • Closing below support at 8214 (38.2% Fib ret.) exposes 0.8112 (50% Fib ret.)
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Forex_Strategy_NZDUSD_Top_Taking_Shape_body_Picture_5.png, Forex Strategy: NZD/USD Top Taking ShapeWeekly Chart - Created Using FXCM Marketscope 2.0

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