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TheLazyBrother

NZDUSD - H&S pattern in the making

Long
New Zealand Dollar / U.S. Dollar (FX_IDC:NZDUSD)  
TheLazyBrother  
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
Chart Patterns
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Price is right below the neckline, coiling. As many other curencies NZD is threatening a crucial breakout, sitting on magenta SMA, which should act as support. Of course, a breakout is needed for the H&S pattern to be completed.
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