NZDUSD is setting up for nice setup

Hi there,

NZDUSD is setting up for more downside. Currently it is forming correction and needs some time to complete this correction. This correction can correct up to 61.8 of fib lines.


How you can trade on this chart.

Let the correction complete and sell on breakdown.


NOTE: Close above the previous high will invalidate this short setup.

Good Luck

Komen:

Komen: