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NZDUSD - Low Risk Entry to Short

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Auroras_Encore  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators rsi_divergence nzdusdshort NZDUSD
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trendanalysis chartpattern indicator rsi_divergence nzdusdshort nzdusd
NZDUSD - The Kiwi has had a good bullish run in the recent past but the longer term trend suggests this is now topped out. Backed up with a bearish RSI divergence, pending stronger dollar and meeting supply on its trend line.
Currently, price action is attempting a retest of the upper trend line. I think this will fail and we will see a bearish trend.

NZDUSD

snapshot
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