On the NZDUSD chart, we can see that the pair is testing the 50% Fibonacci retracement 0.6600 level, also a previously broken falling trendline. If we get a bounce off this level, we could see another test of the 0.6700 level for the upside reversal continuation.
Note: look for the long trade entries with a stop loss below the 0.6570 level.
4th Anniversary special 50% discount gift on selected Premium three months, Annual and Lifetime membership!
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position risk free. We are publishing daily and weekly analysis and 5-10 trade alerts per week directly on your mobile device via Private twitter feed and Private Telegram group! NOW! NEW! With our premium membership, you will have MT4 harmonic pattern recognition software and access to Premium formationseeker.com membership! Two Premium trading services for one price!
