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UnknownUnicorn485324
11 Th11 2016 11:11

NZD/USD downtrend  Giá xuống

NEW ZEALAND DOLLAR / U.S. DOLLARICE

Mô tả

Hey guys,
this is my forecast for NZD/USD. Price has broken the neckline of the head-and-shoulders pattern (formed from August to October), which is coincident with 0.5 Fibonacci level.
RBNZ rate cut and bullish dollar should drive the downtrend past the 0.70500 level.
I will wait for a test of said level and sell on the pullback to the 0.618 Fibonacci.

Good luck and trade with care!
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