brexitbrawl
Long

New Zealand Dollar / U.S. Dollar NZDUSD to BUY

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Two weeks ago, I stated market is getting ready for a buy as it entered oversold region of RSI .
This is an update for entry area to buy up, RSI bottomed at 27 reading and market hit a good support area as depicted in it's history.
Market has now retracing down to possibly form a double bottom as it often does, then a good uptrend likely to follow.

Will try a harmonic pattern for market to highlight possible take profit and retracement areas.

Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.


Original chart from two weeks ago attached.

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