NZD/USD Daily Update (13/8/17) *Still Bear

١٣ أغسطس ٢٠١٧

I am Very Bearish. We are in 2 weeks of bearish engulfing. The trend is obviously down. It is just that last Friday was in the bullish candle. That means we are on the sign of possible bullish reversal. I shall wait for the retracement till the signs of bearishness to show up.
I am still not buying in yet and rather for the shorts.

Level to watch: Support 0.724, 0.73, 0.72 Resistance level. 0.733, 0.736, 0.74
News: Monday, Tuesday, Wednesday and Thursday



Trade Safe,

s0nic