I'm posting this analysis at the start of the week to see how it develops and update it as we go.
I'll be looking for a sell opportunity since it broke out of the Trendline and by the looks of it making lower highs and lower lows. Additionally, last week was a good week for the kiwi fundamentally with the elections which strenghten the NZD.
Like and Follow!
I'll be looking for a sell opportunity since it broke out of the Trendline and by the looks of it making lower highs and lower lows. Additionally, last week was a good week for the kiwi fundamentally with the elections which strenghten the NZD.
Like and Follow!
Note
Bigger picture of the TrendlineNote
This thing is moving fastNote
Tested 0.618 and bottom of gray zone, still waitingNote
Note
Price broke through my gray zone very easy. Next target to look for a reversal will be the green box 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.