NZDUSD has completed a sharp reversal on the daily candle at the New York close. There are several areas of resistance along with a general down trend. Stop is around 0.6969 with expected take profit around 0.6860.

NZDUSD 4 Hour

4 Hour chart showing short potential.

Source: MT4

NZDUSD Daily Chart

Daily chart showing resistance lines.

Source: MT4

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