NZDUSD May Drop Lower & Form Right Shoulder

1 080
snapshot

hey traders,

it looks like we will see a symmetrical movement on NZDUSD.

On a daily, the market is currently forming the right shoulder of a head and shoulders pattern.
I think that bears will push the market at least to 0.63 area - completion zone of the left shoulder.

Our buy zone is lying within the narrow range 0.63 - 0.627.
I will be waiting for a confirmation within this range to buy the market.

Target levels will be 0.646 / 0.643

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