NZDUSD Update - 29th August, 2014
Update -
Writing an update of how the NZDUSD is going from my earlier blog post this weekSo far it has reacted as planned,
- Cypher pattern identified on Daily Chart
- Price broke out of the bearish trend channel on the H4
- RSI broke to the upside on H4
 |
This is an update of the 4hr Chart
|
 |
| 1hr Chart, |
Outlook Trade opportunity
Today I'd be looking for price to retrace to the 78.6 / S2 pivot support area, for a long trade
Risk Level LOW
Tips -
Always take note of any economical news event on our provided calender below