Kiwi is trading below the daily pivot and just below daily trend, also below 8hr trend and pivot point. Price bounced away from weekly trend once and appears to be coming back down to challenge if again. The projected daily pivot will be lower and price is presently trading below that. I will start the chart as a short looking for price to cross the weekly trend and target S1 S2, if it breaks the 8 hr trend then the short trade will have to be closed. Kiwi is trading sideways so downside target is limited unless it breaks bottom.
