We saw a recovery into channel with last months close, we expect another attempt down and wait to see rejection off support for movement to come up and attempt top of the range again. We are below EMA's so will approach with caution and keep allocated risk small.

R:R = 1:2

GL.
Chart PatternsTechnical IndicatorsNZDUSDnzdusdanalysisnzdusdlongTrend Analysis

Disclaimer