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ValeriuV
Aug 13, 2016 6:07 PM

EURO/NZD CORRECTION ACROSS THE BORD Long

Euro Fx/New Zealand DollarFXCM

Description

The pair is in Daily correction, H4 downtrend and after the up impulse is now in H1 correction.
The question is : it is ready to break the corrective H1 down trend or it will do the same as the previous highlighted example and make a double bottom first.
My opinion is that it will make another down move before the up trend starts

I will post a smaller time frame view shortly
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