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NU : Retracement before Going Up ?
New Zealand Dollar / U.S. Dollar
NU : Retracement before Going Up ?
By theb0x
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Sep 22, 2013
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Sep 22, 2013
NZDUSD has really gone SUPER BULLISH..
well based on market movement, it should retrace before continuation of its journey...
Ive identified that the market stop at a nice PRZ area....
Lets zoom in on the trigger chart, and see the potential flag/pennant forming .. so ...
I know market would like ly go bullish.. but a potential breakout on the downside is also favourabl.. if a nice R:R present itself.
theb0x
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