BradenH

NZD/USD Target .6950 Head & Shoulder

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZD/USD has had an ascending pattern in Andrew Pitchfork since early in 2016. The head and shoulder pattern first started in mid august and follows with the upward trend hitting key support at or around .6970~.6950. With the chance of a fed rate hike by Yellen @ 68% in December the pattern has a 3rd back bone to sit on. I remain Bearish at the time of writing this.
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