The NZDUSD is looking like it is loosing steam as shown by the MACD bars not being able to thrust any higher. Potentially it has indicated that the price could not beat the MA Crossover and may be looking to continue its bear trend once is decides to make its final move. I'm looking to go short once the pair has made a firm decision by closing below the Trend+Major Support.
Looking to get some further review from other traders. Any thoughts?