NZDUSD Potential SHORT

snapshot

Weekly ms bearish even though the emas still bull with a double top off the 50% fib where as you can see around that area is being respected if you look left. I really thought she gone go all the way up to the 78.6 and then drop or even the 61.8 where the hiccup is while she in this bearish pennant. Daily emas look like it’s about to cross bearish even though ms not broke so that’s the tricky part. On H4 ms is broke and broke trend line and headed to lower one. With the dollar being bullish I think it will keep going down from that 61.8 or no telling the 38.2 on H4 fib.
Trend Analysis

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