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Mirandole

NZDUSD : Rising Wedge close to breakout

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Mirandole  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
USD (US Dollar) short Rising Wedge downtrend rejection NZD USD NZDUSD
4
2
usd-us-dollar short risingwedge downtrend rejection nzd usd nzdusd
The strength of the downtrend has been confirmed. Two rising wedge are close to breakout. A daily close below 0.5621 may confirm this short trade.

Rejection of MA 26 and MA 58 on 4H timeframe.

snapshot

Best Regards,
Serge

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