ive been looking at nzdusd as it is at the top of a channel on the dailies. going down into lower time frames price action is lining up good for short positions on kiwi dollar. rsi is showing divergence on many time frames and we have an abcd that formed at the end of last week. i expect price action to go bearish on higher timeframes so i am expecting a big drop from here on. blue dotted are targeted prices. lets keep in mind this could also go on to be a bearish bat pattern
David K Giraldo