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Possible Bearish Channel for Kiwi

Penjualan
Dollar New Zealand / Dollar AS (OANDA:NZDUSD)  
Pisces_Investments  
OANDA:NZDUSD   Dollar New Zealand / Dollar AS
Supply and Demand Fibonacci Trend Lines
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supplyanddemand fibonacci trendline
Price appears to be making the retrace from a previous push up to the Supply zone. Bearish channel is not confirmed yet with touches but just an idea. Price is in a bearish landscape holing below the 200 EMA on the 4hr but above the VWAP holding as support. I am anticipating a short all the way back down to the Demand zone. Supply has a heavier presence vs. Demand and may also break through Demand support.






NOTE: This is not trading advice; trade at your own risk.
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