NZDUSD Bullish AB=CD Long

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Dec 16, 2016 9:00 PM

profit target at 38.2% retracement of C to D leg.

⋅ Dec 16, 2016 9:06 PM

Also take a look at the bullish divergence on the RSI.

Comments

Southern-Chick

⋅ Dec 16, 2016 9:25 PM

Totally agree. But it doesn't hold, we can be looking at .67 area.

UnknownUnicorn475214

⋅ Dec 16, 2016 9:31 PM

@DEB, yes that would be the next level to watch for, if prices don't hold.