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SifuS

NZDUSD H1 in correction wave, bearish move could happen

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
SifuS  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Lines Wedge
1
0
trendline wedgepattern
We see a correction wave is in action on NZDUSD H1 and H4, which indicates that price is struggling to climb up. Look for short entry once trendline breaks downward. Target support area is 0.71400 to 0.71200.
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