NZD/USD Inside a Bearish channel in the last hours price is trying to recover value but as you can see the price is making Lower-highs and Lower-lows. Now the Price is approaching a Resistance Area with the presence of the FIBO Levels where in this spot the price may have a new Reversal in the direction of the main trend.
Important will be today the Key events:
USA – Core Durable Goods Orders (MoM) (Nov)
USA – Core PCE Price Index (MoM) (Nov)
Canada – GDP (MoM) (Oct)
USA – New Home Sales (Nov)
We are Looking for a new SHORT setup here.