Potential continuation of bearish momentum on nzdusd presents a potential low stop with large limit
List of probabilities
price below 50 EMA on daily, 4hour, 1hour
Price on hourly has rejected descending trendline
Price on hourly has rejected 50EMA respectfully
Hourly hightest candle on ...
Potential short term reversal off of descending trendline on nzdusd. Friday momentum can play a factor into pushing this to the upside as traders look to close short positions (buying back their short sells)