Trending down on 15min,1hr chart. Looking to break down on 4hr as well. Might be premature but very close to breaking down.
Crossed under 200EMA and hasn't been able to push back above. Looks to be start of steeper downtrend
Pair is already starting a downtrend on bigger time frame. I think the NZD news later today will be bearish and really start to push this down.
88.60 seems to be the top for this. Expecting exhaustion and downtrend from here.
Trending down as of now. Had a double top after last weeks USD news.