NZDUSD Trade Idea For Week of October 8th, 2018

By hyperweb
Looking for a smaller move down to complete the support in the downward channel before a small pull back to recent SR. This is a simple price-action analysis however bearing in mind that NZDUSD is ranging in its two year low zone. A potential trend up is possible but the Kiwi doesn't seem to be showing enough signs of strength all around right now to justify the move.
Trend Analysis

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