The decision of the Brexit Referendum resulted in the key price level of 1.43 to be broken in 2016.
This support turned into resistance and the price successfully rejected the price in the beginning of the year.
A nice short opportunity presents itself: Wait for the weekly candle to close below 1.2730
First Take Profit 1.2509 (0.786 FIB retracement level) ...
EURNZD already broke down, NZDUSD looking to follow.
Bullish Ascending triangle on the 4h chart.
Wait for 4h candle to close above 0.68700 or if you want less risk for the daily above 0.68800.
