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NZDUSD - 4 Hour Trade Sell

Kort
FX:NZDUSD   Nyzeeländsk dollar/USA-dollar
6
Greetings Fellow Traders,

NZDUSD trade entry possible in approximately 30 minutes at the close of the current candle. We are looking for price to maintain it's current form, closing at or below the .6625 area.

If this should happen, any rise should be taken as a selling opportunity and immediate targets will be looked for at the most obvious support level near .6587 which is the key technical level for the long term bears to resume their trend.

Selling pressure will be expected to continue for at least the next 4-6 hours.

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