NZDUSD 7300 = DOWNSIDE!!!
NZD has tagged 7296 potentially completing the Cypher pattern. and in the short term its on the downside
Price has already retraced 382 of the 7206-7296= 7262 and could get to 618= 7240 as it is still within the larger triangle/channel from 7319-7185.
Breakout above 7300 will target 7336-7355/ 7400-7425.
Breakdown below 7206-7185 will validate BAT/CRAB to the downside.
Price has already retraced 382 of the 7206-7296= 7262 and could get to 618= 7240 as it is still within the larger triangle/channel from 7319-7185.
Breakout above 7300 will target 7336-7355/ 7400-7425.
Breakdown below 7206-7185 will validate BAT/CRAB to the downside.
