POTENTIAL CYPHER PATTERN Short

Australian Dollar/New Zealand DollarFXCM

Description

⋅ May 23, 2016 3:10 PM

Potential selling opportunity at the 1.072 zone for the AUDNZD0.02% with a bearish cypher pattern with TP1 at the 38.2% retracement of the CD leg and TP2 at 61.8%. RSI should be above 70% for extra confluence coupled with trendline resistance