FX:NZDUSD   New Zealand Dollar / U.S. Dollar
PRICE TO RETRACE 50% OF THE MOVE FROM THE H1 OB. FINDING RESISTANCE AT MARCH EQ             . SOME CONFLUENCE OF PREVIOUS DAY EQ             & A REFINED H1 BR             (15M BR             ). MARKET STRUCTURE DOES CONFLUENCE WITH .705 FIB LEVEL AS WELL AS A BREAKER CANDLESTICK , SO PRICE COULD FIND SUPPORT THERE IF NOT 50% FIB LEVEL.

POSSIBLE OUTCOME OF PRICE ACTION - WE COULD SEE IT TRADE BACK INTO THE H1 OB BUT IN MY OPINION THAT WOULD BE A STRONG SELL OFF & IF IT DOESN'T HOLD, CAN SEE PRICE TRADE LOWER.

IF PRICE ACTION IS IN LINE WITH THIS TECHNICAL ANALYSIS , WE COULD SEE PRICE TRADE AT .7066.
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