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themarketzone

Testing the top of a weekly trading channel with harmonics

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
themarketzone Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD dollar USD dollar_index USDJPY DXY
6
0
nzdusd dollar usd dollar_index usdjpy dxy
NZDUSD is testing strong resistance zone near 0.745 that includes the top of weekly trading channel and also completion of daily Butterfly pattern.
Potential pullback towards the bottom of the channel and even towards the weekly uptrend line near 0.72
I will focus on 0.73 as my target zone
Comment:
Short term target zone reached
Comment:
NZDUSD broke below channel. Reached target zones and now probably heading to 0.7

Related Ideas

themarketzone
If NZDUSD will overcome 0.73, next resistance zone is 0.74
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