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Signal_Centre
Aug 16, 2019 6:48 AM

NZDUSD - Limited upside within the triangle formation  Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD - Intraday - We look to Sell at 0.6498 (stop at 0.6523)

Posted Mixed Daily results for the last 6 days. Inside Soldiers have been posted on the daily chart. However, with the intraday chart now highlighting higher lows we are possibly forming an ascending triangle pattern. The previous swing high is located at 0.6498. Bespoke resistance is located at 0.6498.

Our profit targets will be 0.6440 and 0.6400

Resistance: 0.6498 / 0.6511 / 0.6599
Support: 0.6434 / 0.6400 / 0.6350
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