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Kishore

NZDUSD BEARISH BUTTERFLY PATTERN!!!!

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Kishore Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
32
8
MARKET ANALYSIS: The pair has broken the channel resistance and made a new high. But now we have formed a bearish butterfly pattern near the resistance level. If the pattern is valid we can expect a new downtrend to the next possible support level. So lets wait and see what the market does in the coming days. Cheers!
Trade closed: target reached:

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