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- We see a 'Bullish Cypher' formation on NZD/USD 4H charts; with 0.6615 - Potential Reversal Zone.
- The MACD line crossed below its signal line on a 4-hour closing basis, suggests downside vulnerability ahead.
Potential Risk: FOMC meet due NY Session
Trade Idea: Short
Enrty: 0.6760
SL: 0.68
TP: 0.67
Short term strategy: Long
Entry: 0.6615/75
SL: 0.6570
TP1: 0.6695
TP2: 0.6744
TP3: 0.6775
