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Profound_Ambition

NZDUSD 4H

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Profound_Ambition Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Support and Resistance Fibonacci Trend Lines NZDUSD kiwidollar DJ FXCM Index Supply Zone 200ema-rejection break retest recentlow
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supportandresistance fibonacci trendline nzdusd kiwidollar usdollar supplyzone 200ema-rejection break retest recentlow
Looks like price retraced back to strong resistance, 200 EMA playing on that as well. Price seems to be trapped so I am waiting on a close below the red rectangle & possible retest to visit its recent low. Potentially break that level & touch its daily uptrend line. Price is making lower highs & lower lows at this time..

Trade with care!
Comment:
support breaking out, looking to short
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