TarbzFX

NZDUSD SHORT POSITION (4HR)

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Confluences:
- Retracement to 61.8% Fib Level
- Waiting for candlestick rejection from Fib level and 51 EMA
- Could see further rejection from 71.000 psychological area which lines up with 71% Fib level
- Downward trend formation in 4Hr currently creating a lower high
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