NZDUSD appears to be continuing the downtrend in the shorter timeframes. potential opportunity to sell at current price with a minimal stop loss of 10-20 pips.
the trend line that i have drawn appears not to match correctly. the pair still appears to be in the ED channel.
Trade closed: stop reached:
This was suppose to be a good trade...but end of the day market is always right. not sure what triggered the sell off for USD given the fact that inflation data was positive.