NZD/USD: Down Trend, correction up to levels of diagonal resistance.
Lower Highs and lower lows - shows possible lower move
Correction at FIB 61.8% on the last short term move up, to levels of resistance
Price Action: Pin Bar formation at levels of resistance - Signal for possible short move lower
Affirming signal could be received from the indicators, as RSI moves below 50, or when CCI(50) moves below 0.
Stefan D. Angelov - Head of Stocks Trading.
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