As we can see, the neck line in 4h and 1h has been broken and we are 60 percent sure that it will have a retest to the neckline. in 30min chart we can see an inverted hammer which shows that we might consider short position to the neckline.
NZDUSD has had a rejection from the neckline . as we can see the retracement that is being making, has make a bearish flag .. on the other hand if we take a look at stochastic it is also on overbought part.
