RCP

NZDUSD: Trade of the Week!

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
This is the opportunity which I was watching the whole week. We have a very nice setup on NZDUSD To start with there is a perfect ABCD pattern, completion right at the resistance level 0.6455. Besides we have a confluence of fibs 1.272, at this key level I look the price to hit the channel edge and finish the channel, as we see we have 2 touches below and 1 touch up with the potential second touch to complete the channel. R/R is also very nice.
Avto_T
Green Luck
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