The NZDUSD is approaching the neckline of a double bottom pattern. The neckline comes in around 7610. The targeted move would be around 8010, which coincides with the 50% retracement of the original high to low move in this kiwi reversal. This could be a few weeks in the making, but with dollar weakness at hand and risk on for the time period, this could really...
This is the 4 hr. Trendline break on NZDUSD. This is a big level. but considering what the DXY is doing and how gold and oil are acting, this could be a significant change. I am lookinjg for this to trade to about the 78 level