FX:NZDUSD   New Zealand Dollar / U.S. Dollar
3
We've recently had two trend-line breakouts on NZD/USD , price action shows that this pair now looks to go lower especially on this 4H chart, we have lots of confluence around 0.72750. This look like an important area to watch and to enter a short position, two trend lines have recently broken and this is now where we will be looking for a retracement, for extra confluence this is also the 50% fib level of the recent bearish move.