Looking at the NZDUSD we can see the pair have been in a daily range for some time now. The pair have bounced off the top and now look to be crossing the trend line. I will look to sell the pair when it breaks below, closes below and if poss get a retest, before continuing lower.
CBR Key Level + Fibo 261.8 will be the critical decision point.
Looking for Reversal Pattern when it reach to that zone. (If the zone does not break)
This might be temporary pullback. We will see.
Looking for short...