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NZDUSD Potential for Bearish Drop

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NZDUSD Potential for Bearish Drop

On the H4, with the MACD histograms under zero and DIF crossing below the signal line, we have a bearish bias that the price may drop from the sell entry at 0.63444, which is in line with the 78.6% Fibonacci retracement and pullback support to the take profit at 0.62696, which is in line with the 50% Fibonacci retracement. Alternatively, the price may rise to the stop loss at 0.64657, which is in line with the swing high and 78.6% Fibonacci retracement. #OPINIONLEADER#

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