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NZDUSD Sell a break setup.

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
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FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Support and Resistance Wedge NZDUSD NZD USD nzdusdshort Forex signalservice signalsprovider signal signals
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supportandresistance wedgepattern nzdusd nzd usd nzdusdshort forex signalservice signalsprovider signal signals
NZDUSD - Intraday - We look to Sell at 0.6613 (stop at 0.6633)

Price action has formed an expanding wedge formation.
We look for losses to be extended today.
Trend line support is located at 0.6540.
Further downside is expected, however, due to the strong support below we prefer to sell a break of 0.6620, which will confirm the bearish sentiment.
Our outlook is bearish.

Our profit targets will be 0.6559 and 0.6541

Resistance: 0.6770 / 0.6794 / 0.6800
Support: 0.6620 / 0.6600 / 0.6580
Trade closed: stop reached:
Stop loss reached! -20 pips

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