Short

Lower High on 1W Channel Down. Short.

NZDSGD has just priced a Lower High on its 1W Channel Down (RSI = 35.543, MACD = -0.009, Highs/Lows = -0.0089, B/BP = -0.0174). 1D has just touched its 50% Fibonacci retracement point (STOCHRSI = 54.611, ADX = 20.663, Highs/Lows = 0.0000) and is expected to make a swift 100% completion. We are targeting the cross of the channel's intermediate and Lower Low inner extension so TP = 0.89015.

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