AUDNZD long term technical short setup Satış

FX:AUDNZD60

Australian Dollar/New Zealand DollarFXCM

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⋅ 29 May 2016 01:54

FX:AUDNZD

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⋅ 29 May 2016 02:01

This trading setup is purely a long term technical setup.
NZD is expect to devalue in the coming months. Thus I believe that this pair should see a pullback to value near the (0.318 / 0.50 ) Fibonacci retracement levels.

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⋅ 29 May 2016 02:01

Before continuing its downtrend

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