NZDUSD: Potential Reversal & Great Shorting Opportunity
NZDUSD is retesting a major broken trend line on a daily.
The touchpoint matches perfectly with 382 retracement of the last bearish impulse and recent minor horizontal resistance.
On 4H the market remains bullish though.
The price is steadily growing within a bearish flag pattern.
To catch a bearish move, wait for a breakout of flag's support,
it will be a perfect confirmation.
In case of a bullish violation of the yellow zone, setup will be invalid.