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NZDUSD Triangle

Dear Colleagues, my view on NZD USD is short as you can see from the charts.
The prices will break down after the second triangle at about 0.822 and
they will reach at the beginning of January 0.78 where is a very strong
support. Even if the prices will reach this support before, the prices
will remain around it for a long period.
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Zorro145 28 Nov

keep going downtrend

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NZD/USD Forecast

This currency is going to break the upper resistance of the rectangle (see first figure). In my view during next weeks, NZDUSD will breake this resistance and go up towards resistance at 0.8428. Then it will retrace a little bit.The target will be 0.8325.
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Zorro145 15 Out

target reached...it shoul come back near the target in the first days of November

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