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NZDUSD - Potential Reversal Trade
New Zealand Dollar / U.S. Dollar
NZDUSD - Potential Reversal Trade
By KarYong
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Jun 5, 2017
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Jun 5, 2017
Price is currently approaching the a key area between 0.7145 to 0.7220 where we have the following confluences -
1) A potential completion of an expanding flat structure
2) A potential completion of a shark pattern
3) A RSI divergence formed
All these gave us the opportunity to look for a potential reversal to the downside on the Kiwi.
What are your views on NZDUSD?
Elliott Wave
expandingflat
Harmonic Patterns
NZDUSD
Shark
technical
KarYong
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