Search
Products
Community
Markets
News
Brokers
More
EN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
NZDUSD Double Bottom on the Daily
New Zealand Dollar / U.S. Dollar
Long
NZDUSD Double Bottom on the Daily
By SimonAllin
Follow
Follow
Mar 21, 2015
2
Mar 21, 2015
There are a few good signs here that indicate we may see a reversal on the NZDUSD
A Double Bottom has completed.
Reversal Candle
Fib 618 retracement fits nicely taking into account the structure. (looking at a 2618 trade)
RSI will be interesting to watch - looking for oversold as we come back into the 618
Target levels are 81100 and 84000
Stop loss below the DB at 71600
SimonAllin
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.