NZDUSD - Mid term idea

NU is showing good signs that we should see price come down. There is a very strong level of 69107 which we can see recently broke buy price couldn't stay up there (higher time frame) on the 1hr we can see a nice drawback from this bearish run so we have added a fib and this level is ever so slightly off the 50% fib so this gives us a nice place for a sell order with a Tight SL and nice profit.

Let's go