As we all can see, NZDUSD had allowed the bears into the neighborhood which is OK because it's been respecting a channel for some time now. If you are in a buy dealing with drawdown, there could still be hope. Price has retraced but HASN'T broken and closed below structure. Still hoping for the Bulls to take over and take price to highest level of resistance before the drop again.
On the other hand, NFP NEWS is tomorrow morning 8:30 EST. Gotta keep that in mind when thinking of placing trades due to high volatility in the market.
*This is just my personal opinion. This is not any financial advice as I am NO financial advisor.*
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