NZUSD seems to approach a subtop. Waiting to go short for 2 days
Inversely of my thinking in my previous post about the NZUSD, I'm now thinking that the NZUSD is continuing its journey to higher prices on the long term. The break trough the neckline on 0.70800 did not happen and from there it is now above its previous top (72983). The iSHS target(3) from the previous wave is 73352, and negative diversion on the RSI is clearly visible on the 1 hour chart, so I think around that level it will drop again to the rising trendline (thick black long line) and from there it could be rising again with target 76215 eventually (target 2 from the big iSHS). Unther the rising trendline it will be a complete other story...
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