VladimirRibakov

NZDUSD Short After Double Wave Up

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
There is a bank zone level in the zone between 0.7110-0.7160 where the potential double wave up would complete itself. Keep in mind that the completion of this short term cycle should come with bearish divergence as confirmation.

Target 1 – 0.7040.

Target 2 – 0.6970.

Stop Loss – above last high created.

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