Antonio_trader

NZDUSD inverse head and shoulders

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Currently price at the lowest level since January 2016. Divergence on indicators, could be forming an inverse head and shoulders pattern. A nice downtrend line. An impulsive break through resistance and 0.64 level is a buy signal. Powell speaking today at Jackson Hole symposium, expected to talk about the future monetary policy. Could be the trigger or invalidate the setup. Good Luck!
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