Category Archives: Technical Analisys

NZDUSD Shorts Favored Below 0.7315

A couple of weeks ago on February 25, I commented on an NZDUSD trend line that could trigger additional losses. The level extends from the December 5, 2017 low and came under pressure between February 23 and 26 before breaking down on the 27th.

Immediately after breaking trend line support the pa…