NZDUSD Double Bottom on the Daily
There are a few good signs here that indicate we may see a reversal on the NZDUSD
A Double Bottom has completed.
Reversal Candle
Fib 618 retracement fits nicely taking into account the structure. (looking at a 2618 trade)
RSI will be interesting to watch - looking for oversold as we come back into the 618
Target levels are 81100 and 84000
Stop loss below the DB at 71600
A Double Bottom has completed.
Reversal Candle
Fib 618 retracement fits nicely taking into account the structure. (looking at a 2618 trade)
RSI will be interesting to watch - looking for oversold as we come back into the 618
Target levels are 81100 and 84000
Stop loss below the DB at 71600
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