NZDUSD - HEAR COME THE BEARS| DAILY SHORT OPPORTUNITY TO 0.68350

Happy weekend traders! whilst the markets are closed my eye has been scoping the opportunity for a short opportunity on NZDUSD. What you can see her is a Daily TF where we have a countertrend upwards trading channel (white trendily) in comparison to a over weekly timeframe descending channel (pink line). On Friday's closure with the high of High Non farm payroll figures for the USD the pair reacted well with a sharp rejection of a key level at 0.69500. We now have a tweezer top formation at the top of an uptrend reacting off my upper channel trend line. Fridays closure can also be seen as a shooting star leading for more bearish downside movement. the next key dynamic areas of resistance for this pair is my monthly key level followed by a Exponential moving average. I can see 0.68350 being met before a retest of the monthly support as a resistance ceiling. Happy Trading1