Target hit based off of my previous idea, remember the trend is your friend.
The upper trendline was rejected closing the daily candle with bears in control,a retest of the lower trendline is likely,looking at the weekly chart you can see the price range is getting tight which mean a breakout in the near future,the bigger trend is a down trend so it is possible that the lower trendline can be broken for a bigger move towards the yellow...
It will either break up out of the channel or break below the current support,either way prepare accordingly.
I am seeing a bearish sentiment for US30,these are my possible outcomes,we can get a bounce to the upside then a continuation to the down side,or we can just continue to go down,it is always good to weigh all your options of what could possibly happen and just trade what you see,always look for price action on support and resistance areas watching for breakouts...
NZD/USD is rejecting the 3rd resistance near the upper channel,which is a possible short off of resistance 3 or the upper channel,the trade is invalid if the price break and close above the upper channel with a push up and a possible retest back to the channel.