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NZDUSD Touching Resistance

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Dollar New Zealand / Dollar AS (FOREXCOM:NZDUSD)  
PlutusX  
FOREXCOM:NZDUSD   Dollar New Zealand / Dollar AS
Trend Analysis Harmonic Patterns Chart Patterns extensionfibonacci breakout swingtrading swingtrade swingsetup
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trendanalysis harmonicpatterns chartpattern extensionfibonacci breakout swingtrading swingtrade swingsetup
We are training at the 50% and structural resistance of the Monthly time frame. If and only if we treat this as resistance we will see a push towards our ultimate target which is a long entry. However, we could see a break and continuation towards the 61% fib + structure as the structure is more significant.

RR Short Term - 1:2.3

RR Long Term - 1:4.1

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NZDUSD Touching Resistance. Will it Respect or Break up?
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