NzdUsd: False Breakdown Or Retest?

New Zealand Dollar Futures (Sep 2019) (CME:6NU2019)

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CME:6NU2019 New Zealand Dollar Futures (Sep 2019)

Make up your own mind and go with it. The breakdown was decisive but decisive breakdowns usually keep on going. The move up is now right at the breakdown point. A firm close above this area will have me going long on Monday with a tight stop. However a breakdown from here will have me doing the opposite

Komen:

IMO with respect to possible upside action this instrument has dissapointed. NZD is a short. Fundamentally this currency is based on agriculture and it is falling right now. So despite some weakness of the $ against the euro I am not willing to buy the NZD and may sell it

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