After breaking the downtrend channel on the daily frame ,the bulls looked like they gained control before a weak triangle appears on the 30 mins frame(i won't trust a triangle like this)seems like the price need a correction before continuing it's uptrend.buying after the break of 1.2666 would be wise targeting 1.2725
After breaking the uptrend wedge ,confirmed with price action ,the reaction of the bulls is so weak,the RSI found new levels 31 combined with an extreme swing from 66 reflects that the market have changed his view with no doubt ,more bearish swing is coming with target 1.2955 just wait for the break of 1.3000
The pair was moving in an uptrend wedge ,lately a long bearish candlestick (the longest in the trend)was formed .the trend is showing signs of weakness ,we'll wait for a break for the wedge, after the break our first target is 1.3000 stop loss will be determined when the break happens.
After reaching the latest target (1.6150) selling short without looking at the chart ,i'll hold this position for a looong time. The central bank of new Zealand just gave us a long down trend .
I'll sell without even looking at the price .
The pair have been showing signs of weakness lately confirmed by the break of the bullish trend line combined with the break for the head and shoulders neck line and the extreme swing for the RSI .selling short targeting 87.750 stop loss 88.480