Short opportunity brewing…
New Zealand Dollar/U.S. Dollar FX:NZDUSD
Kiwi has recently pulled back after breaking to new lows, maintaining the bearish trend of lower highs, lower lows
However, price is not yet overbought, nor has it reached my preferred (As sen on chart) level of resistance.
Once there, I will watch for signs of a reversal…conservative 1st targets at the 38.2% Fib level, with a possible runner looking for the lows and beyond