pipstrading

NZDUSD hit 1.618, will it test 2.0 extension?

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
25 0 2
NZDUSD             hit 1.618. However, is it too early to call for a short?
It looks like that it is forming a bullish flag and the 1:1 projection nicely meet the 2.0 extension and the blue dotted trend line . Let's see.
Trade active: breakout of bullish flag. looking good
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