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NZD/USD likely to fall!

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Dollar New Zealand / Dollar AS (FX:NZDUSD)  
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FX:NZDUSD   Dollar New Zealand / Dollar AS
Trend Analysis Technical Indicators Wave Analysis nzdusdsell nzdusdshort nzdusdanalysis waveanalyis volumstudies chance opportunity daytrade swingsetup
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trendanalysis indicator waveanalysis nzdusdsell nzdusdshort nzdusdanalysis waveanalyis volumstudies chance opportunity daytrade swingsetup
Hey tradomaniacs,

NZD/USD has re-tested a strong resistance-zone aswell as the current trendline.

Also see how price moves to the previous PoC, which could act as a resistance here.

Overall a great spot to short if we get more risk-off in equities.

Technically its good to wait for a break below the lower resistance-line of the zone to get a g ood confirmation as this would define a fakeout.

Let`s see =)

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