Long
New Zealand Dollar Gartley

Since the move on USD the New Zealand dollar is setting up for a fall. Projected pattern bullish Gartley. RSI 50% should take us down to S2 support at .7055
Note
NZD turning around as USD falls. USD headed for a double bottom, while NZD looks for a double top. Waiting for break and stay above the 20 day moving average for confirmation.Note
Waiting for a 20 Day MA to be broken and stay below before we can call this a down trend. It might do that tonight.Note
NZD showing bullish flag, but double top has me concerned. Need confirmation of directionNote
NZD fell today. Expect fall to .7202. S1 might become support after fall.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.