Unfilled price imbalance on weeklyNZD is likely to fill price ineffciency / imbalance to the downside on weekly. It is also at resistance / former support which coincides with Kumo cloud resistance.
FOR EDUCATIONAL PURPOSES ONLY.
NZF
NZD/CAD Short SetupIf we can get a nice bearish close below the blue line these is a great opportunity to sell this pair.
After breaking the trendline we saw Bulls trying to get back in control by making a higher high but bears a still under control and strong close below the level would be a great indication of a move to the downside.
