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NZDUSD - Great risk to reward opportunity!

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Giraffe-Trader  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Chart Patterns Parallel Channel NZDUSD nzdusdlong nzdusdanalysis Ascending Channel nzdusddaily nzdusdshort nzdusdbuy nzdusdtrade
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chartpattern parallelchannel nzdusd nzdusdlong nzdusdanalysis ascendingchannel nzdusddaily nzdusdshort nzdusdbuy nzdusdtrade
NZDUSD has formed a descending channel on the daily timeframe. I expect it to bounce off the recent outside support level.

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