Elkana Roveglia BA
Takemytrades.com
Kiwi has been creating a rectangular shape which the market calls consolidation. Usually this type of pattern is a continuation pattern meaning that the distance travelled before the side way move will equal the distance the NZDUSD will move once the break out of the rectangle. This is a great trade opportunity as we are ONLY risking 20 pips to gain 98 pips. First target @ 0.270 Fibonacci level 0.6713/00 with second target @ 0.6670/50.
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