NZDUSD - Build-up for potential False Break

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
71 0 2
I believe the Buyers have been a little too aggressive, and will be set up in a trap for a false break around level 0,6950

I expect a initial breakout of the level, but to in the coming days start selling off below the level again.

My entry on the false break will be at the 0,6945ish zone with a tight SL just above.
Target will be all the way down at 0,6600 zone
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out