NZDUSD agressively finding resistance.

After an extended run, NZD is now following the bear move that Aussie is doing. We've seen a clear break below the trendline and are now expecting a retrace to the upside. A rejection of the H1 50ema, being at the same time the 50% retracement of this first bear move would indicate a valid short entry.

I hope you guys have a great end of the week.

Zartex