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Trading1to100
Jun 26, 2017 10:10 AM

NZDUSD 7300 = DOWNSIDE!!! 

New Zealand Dollar/U.S. DollarFXCM

Description

NZD has tagged 7296 potentially completing the Cypher pattern. and in the short term its on the downside

Price has already retraced 382 of the 7206-7296= 7262 and could get to 618= 7240 as it is still within the larger triangle/channel from 7319-7185.
Breakout above 7300 will target 7336-7355/ 7400-7425.
Breakdown below 7206-7185 will validate BAT/CRAB to the downside.

Comments
KlejdiCuni
Great chart!
Trading1to100
@KlejdiCuni, Thank you
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