Tradingwithtamil

NZDUSD: Channel Zone Resembles the Mirror Pattern.

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hi traders,

In spite of red-trend, on a daily basis pair yet to take a throwback pattern to recreate the opposite mirror set-up towards resistance roof. The potential fight may collapse traders invade. Meanwhile, taking over the USD would be hard for NZD. In the mid-range, the 0.68007, 0.68234 are the possible top ride confirmation point. Alternatively, USD domination could bring the price range to reach the support-again.

Signal Specification

Entry: 0.67830

TP: 0.68373

SL: 0.67406

R/R: 1.28

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