Daily FX Training | Learn Forex with the Dynamic Traders

Dynamic Trader Blog - Forex Chart Pattern Signals

Monday, December 03, 2007

Kiwi Fib Reversal

The NZDUSD is at a fib reversal from the recent weekly swing high to the last swing low. It also produced a cande reversal at the figure. All these factors show for a reversal but time does not show until December 21st. Shorting opportunity with a tight stop is possible but pleae do your own analysis.

New Zealand USD Weekly Chart
Chart courtesy of Advanced Get. Data provided by eSignal.

FXCPS Team