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LioPermana
Jan 18, 2018 2:38 PM

NZDUSD OVERVIEW : Double Three 

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD forms a double three (WXY) pattern with a subdivision of wave Y (premiere degree) is an expanded trianggle. My observations on this case indicate that FE level 1.272-1.618 is vulnerable to reversal. So, I estimate wave E of this expanded triangle will be completed at the FE level of 1,272-1,618. The next few weeks may still rise to reach that FE level. After reaching the FE level it may be down to test the support at 0.6791 and 0.6200
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