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RCP

NZDUSD: very nice shorting opportunity

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
RCP  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
USD (US Dollar) NZDUSD short SELL structure Parallel Channel Parallel Channel Cypher Harmonic Patterns
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usd-us-dollar nzdusd short sell structure parallelchannel parallelchannel cypherpattern harmonicpatterns
NZDUSD

We have very nice formation:
1. Bearish cypher pattern, completion @0.6587
2. In addition we have a forming channel exactly at the cypher completion zone.
3. There is a strong structure resist at X leg.

P.S Watch out todays news.

Wish you a good trading day.
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