NZDUSD touched the bottom of channel? Long

FX:NZDUSD1D

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Dec 17, 2016 7:17 PM

Did it break or will it bounce?

Comments

rene98c

⋅ Dec 18, 2016 1:20 AM

I think it'll retrace a bit at least to (23.6% 0.70) from here and probably ends up down, finishing this leg at 0.68 .
I'll long it here with tight stop, in case it decides shoot for 0.73

Southern-Chick

⋅ Dec 17, 2016 10:01 PM

Bounce