NZD/USD - a downtred, correction to the upper end of the trend channel, signal for a new descending impulse

22.07.2015 / 09:11

Rating:

NZD/USD - a strong downtrend

Price in the upper part of the channel after correction - good places for a new short

Deeper bottoms and lower tops - negative formations

Signal for probably new descending movement. CCI 14 is crossing below 100

Stoch also gives a signal for possible new descending impules in the direction of the trend

Close stop a little bit above 0.6655

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NZD/USD - a downtred, correction to the upper end of the trend channel, signal for a new descending impulse

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