Short NZDUSD
NZDUSD SHORT. This trend has been in a downtrend when it broke the neckline of a double top. Price is also respecting the channel. It broke through the 61.8% fib level (green zone), aligned with the confluence of the neckline then bounced off the trendline and a daily key level (purple zone), and re-tested the 61.8% fib + neckline level. So far, price is not respecting the light blue zone, which was a recent past resistance turned support. However, on the 30-minute time frame, the candle closed as a Doji right at the trendline. If next candle close is bearish, I will short this pair, however, if it breaks right through trend-line, I will wait for the re-test of 61.8% fib level (green zone).
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