NZD/USD Bearish Near-Term Correction possiblityNZD/USD possible Bearish Near-Term Correction in play.
Entry target @ 0.7380
Target 1 @ 0.7340 / W
Target 2 @ 0.7150 / M
Target 3 @ 0.6880 / Qtr. 1
Break above 0.7450 would signal Bullish to 0.7484
Would wait for clear & firm break @ 0.7380
S1 0.7356
S2 0.7276
S3 0.7188
R1 0.7459
R2 0.7558
R3 0.7620
Personal analysis only. Please use your own rules & strategies prior to entering market.
Nearterm
EURUSD ( LONG TERM TRADE ) Buy + Sell Zone ( Gartley Pattern)
Of course head on ( NFP )
Bears might be stronger near-term !!!!!
Gartley pattern has formed 1hr chart,
Retracements that yield the most reliable reversals are the .618 at the B point and the .786 at the D point (PRZ)
Breaking above 1.11 would cancel the bearish bias and the pair would probably rise to 1.1130..
Let's see interesting situation.!!!!!!!!!!!