NZD/USD Testing resistance..

A falling wedge pattern has formed over many weeks, it may still be forming and so we wait for price action at resistance to help us understand where we go from here...Confirmation is needed...so lets wait a day or two !!

הערה:

Resistance held nicely, a sharp sell off occurred and we have found support around the 7200 area. A convincing break below yesterdays low would suggest another leg lower is on the cards...Its my opinion that would be the time to go short.