#NZDUSD: Major Retest At Action Level, Opportunity For Shorts!
The pair is breaking down well, since last posted. The pair has had a significant retest at the historical resistance AND the sideways support/resistance transition line. The candle that retested these levels concluded as a shooting star signal, showing very clearly that the bulls were rapidly negated during this retest, showing a lot of bearish enthusiasm. Makes for easy entry procedure this week could be a fantastic potential short.
