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UnknownUnicorn387072

Bearish Setup on NZDUSD Weekly Chart

Short
Dollaro neozelandese / Dollaro (FX:NZDUSD)  
UnknownUnicorn387072  
FX:NZDUSD   Dollaro neozelandese / Dollaro
NZDUSD Bearish Patterns short Exponential Moving Average (EMA) Engulfing Candle Shooting Star
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nzdusd bearish short ema engulfingcandle shootingstar
A current short setup with the NZDUSD with a bearish engulfing pattern on the weekly chart following the previous shooting star pinbar on the weekly chart. These have strong confluence as they are at the 50% fibo retracement level and also at or below the 200EMA. As a speculator, I speculate we will see this return to or go near to the previous low of 0.6200.
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