NZD/USD - Possible Downside!

Forex101

Forex101.com.au Reprentative
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I'll keep this short. NZD/USD looks great to short next week.

Let's go over a checklist

Price is under 200 EMA
Price pulled back to resistance
Price has rejected at resistance
Stochastic is overbought

Checklist ticked off.

Looks great for shorting! Good luck!

DISCLAIMER: This is only a trade idea, I'm in no way telling you to take this trade so do so at your own risk!
 

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