NZDUSD 11/4/19

NZDUSD Short Idea

Higher timeframes still suggests a strong bearish trend so we will continue to look for short positions off key levels

Current price action has rejected a major resistance level/Daily 38.2% fib level and is looking to head south

This daily bearish engulfing is a very good sign and is 1 confirmation of a large bearish move yet to come

Look to target toward the -27.2% daily fib level and monthly support around 0.6000-0.6045