FX-Spot NZD/USD Medium Term Trade idea
NZD/USD has extended losses following divergence on daily time frame, It just retested its multi-month bullish channel, scope is there for a short lived bounce and thereafter a deeper retreat towards my projected 100% area at 0.7003 area. Strategy is to short on a bounce for a target to 0.7003 over coming days, stop above 0.7347