NZDUSD long long sell on monthly chart

13 Mar 2019

NZDUSD, since its drop in 2014, has retraced 50% and hit that 50% point three times over the past few years. If the 50 EMA(red one), crosses the 200 EMA( blue one), then the "death cross" will slam it to the 0.4974 point over the coming years. But since its a long shot, we will have to see whether the pair can break the weekly trend line or not.