 Welcome traders to another Tick-Melt-Chart at the New Petron Monument. I want to draw your attention to the Euro Kiwi here. We're actually on the weekly timeframe tracking this trend line resistance of the lows from 2015 looking for a third test here at coming in just below 162 currently trade 164 so if we get down into this area we really want to pay close attention to how price response here if we can get a bullish weekly reversal then that could set the stage for an advance to test the internal trend line back up towards 173 however a close below 161 and there will be a significantly bearish development suggesting further downsides initially looking for 152 and then down into test the lows of 2017 at 145.80 so pay close attention to how we trade out the trend line as always trade this plan the trade the plan manage your risk until next time thanks very much