Chronos
Short

NZDUSD to retrace to upside before continuing bearish trend

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
120 0 1
So far this pair has been following a clear down trend. As long as it stays within the pitchforks it should continue its trend to the downside. it might be looking to retrace at the .618 FIB level as the RSI conditions look to be very oversold, we could see it pop to .6550s before continue further down.

- Target entry at .6550s SHORT
- Target exit at .6220s

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