tradingwithyg

NZDUSD - Weekly Chart Analysis

Short
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
Similar to monthly structure. Price has reached a critical point in the structure. Ideally, I would like there to be a break of trend support before there is any kind of retest of daily support/trend support. Looking for either a break of the neckline (conservative) or a break of trend support (aggressive) for the pattern to be activated. It seems that this pair is very sensitive to U.S. news, so trade with care.

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