Since yesterday, the pair is moving towards old price swing low and the trend is now bearish in 1 hour chart. Intraday resistance is present at 0.7743 price level. I am interested in selling trading opportunities, as long as the flow of the market remains down. If bullish candlestick closes above 0.7743 critical resistance level then bearish trend is going to end. In this case, I would prefer to stop trading the NZD/USD currency pair and re-look at the one hour time frame.
