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NZDUSD D (Chart Update): Yet another upside Breakout has failed

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Dollar New Zealand / Dollar AS (FX:NZDUSD)  
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FX:NZDUSD   Dollar New Zealand / Dollar AS
NZDUSD weeklychart trendtrading trendfollowing Fractal Bill Williams Indicators profitunity chaostrading
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nzdusd weeklychart trendtrading trendfollowing fractal billwilliams profitunity chaostrading
Numerous times price tried to break out to the upside on the NZDUSD Daily. It has always failed. During the last week of trading the same has happened, price wasn't able to stay above the important resistance area (marked by fractals), instead it went right back into the balance zone. It's possible a new down fractal will form soon, that would be another selling opportunity.

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