Possible short for NZDUSD

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
86 0
We've seen a sizable retracement with this pair, reaching the 0.78 fib level on the daily chart . however I believe the the pair is in a distinct downtrend.
The pair has broken both the CTL and inner CTL on the 4h TF as well as displaying a retest and rejection of these. Should this continue I believe this could go to the 0.72000 area and maybe further. Let's see how this plays out.

Would love any feedback ;)

Happy trading folks - G5B_FX
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out