Another possible impulse for NZDUSD

9 thg 12, 2015

Despite the expectations for today's rate decision, market geometry shows the possibility for another move to a new high for NZDUSD. The last impulse move went a little higher than expected but didn't fully touch the target except for a shadow. So a new move to the target line is possible.
I also will watch the 0.66 area carefully to see if it breaks below by fundamentals, then I'm going to change my idea.