Hi Traders,
The pair NZDUSD had rallied since the begining days of May. It's seem that rally process just stopped and market going into correction phase. I think the daily chart shows a good chance to sell this pair with stop loss above old high level and take profit about 100 pips from current level 0.727. Let's see the daily chart below:
Good luck to all![Smile](https://dukascopy.asia/fxcomm/js/wysibb/theme/default/img/smiles/sm1.png)
The pair NZDUSD had rallied since the begining days of May. It's seem that rally process just stopped and market going into correction phase. I think the daily chart shows a good chance to sell this pair with stop loss above old high level and take profit about 100 pips from current level 0.727. Let's see the daily chart below:
Good luck to all
![Smile](https://dukascopy.asia/fxcomm/js/wysibb/theme/default/img/smiles/sm1.png)