zachogden

NZDUSD End of Bull Run?

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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Price action on the 1H chart appears to be forming a rising wedge , with several recent failures to break at the top resistance. RSI supported by trendline shown. Break and close above wedge indicates continuation of bull move, though in the short term I expect price action to fall back towards the kijunsen and wedge support with a possibility of a break below.

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thanks FaceLoll, kiwi has been responding to ichimoku s&r's very well lately.
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Nice call
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