Phenlx
Short

Short term bearish, mid term bullish

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
22 0 0
NZD/USD             has expired a nice trend reversal on Daily. On the H4 it is marked it is marked with the purple lines.
Guess on short term the market is overheated and it started already the retracement. Following this idea the SHS             drawed in this chart is just a short term reversal chance. I will wait until NZD/USD             will enter the orange marked zone to look for a long entry.


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