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AshirDanville
Short

Price action hitting major resistance (no obstruction on rally)

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
AshirDanville  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
swing swingtrading Bearish Patterns Support and Resistance
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swing swingtrading bearish supportandresistance
Price has been rallying the last couple of days to weeks, with no pockets of obstruction on the way up to the daily resistance zone . Which is a great indication that price action will work out with no drastic retracement. Straight into massive resistance on the daily timeframe . Daily support breach by red candle showing bearish strength, risk/reward is 1:10 (rounded to nearest 10)

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