NZDGBP

www.forexfactory.com
Make sure you know when the buggers are going to mess the trade analysis up.

I've been waiting a little while for this trade however it looks like it's getting close.

Its been punching in lower highs and lower lows recently and beneath the 5075 zone I'd favour a two targets being .5035 & .5010 (ish) being a previous swing low and secondly a 50% retrace, previous support and close to round number syndrome.

Daily:
dl.dropbox.com/u/24866576/October%202012...20061012%20daily.gif

1Min P&F:
dl.dropbox.com/u/24866576/October%202012...%20241012%201mpf.gif

Cheers,
M