NZDUSD INTRADAY ANALYSIS

After trading to the downside inside the channel, Prices briefly broke out prior to the start of US trading, Which I advised to sell into through out the day. The upper line of the pitchfork turned from resistance to support as can be seen at the recent swing low at 16:00. The upper line of the channel should provide additional support for the next swing low in which I would advise you begin to scale out of the short position and reduce your exposure