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JohnKicklighter

NZDUSD Reversal or Tempting False Signal?

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
JohnKicklighter  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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From a technical perspective, this is a familiar move NZDUSD is making. It has broken a very consistent channel and is treating what was a former boundary as a new floor to a change in bearing. This can be a reversal but it could also prove a false signal. How do we further improve our confidence in this setup? Fundamentals.
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