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Bullish Cypher formation NZD/USD 4H charts; possible strategies

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
203 0 1
We see a 'Bullish Cypher' formation on NZD/USD             4H charts; with 0.6615 - Potential Reversal Zone.

The MACD line crossed below its signal line on a 4-hour closing basis, suggests downside vulnerability ahead.

Potential Risk: FOMC meet due 19 GMT

Trade Idea: Short

Enrty: 0.6765/70

SL: 0.68

TP: 0.67

Short term strategy: Long

Entry: 0.6615/75

SL: 0.6570

TP1: 0.6695

TP2: 0.6744

TP3: 0.6775
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