Nzd/Usd: Bearish Setup
Shorts have been triggered on this pair, please refer back to previous post.
We can now see that 'Nzd/Usd" had a pullback for a couple days now giving sellers another opportunity to jump in on the down trend. We have seen support at "0.7100" now being tested as possible resistance, more confluence was given as a evening star formation did form and price has potentially broken out of a minor uptrend, sellers can look to aim for previous lows to take profit
We can now see that 'Nzd/Usd" had a pullback for a couple days now giving sellers another opportunity to jump in on the down trend. We have seen support at "0.7100" now being tested as possible resistance, more confluence was given as a evening star formation did form and price has potentially broken out of a minor uptrend, sellers can look to aim for previous lows to take profit
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