KIWI/DOLLAR is pulling back towards continuation level 0.6885.

As we can see Kiwi/Dollar on daily chart is in bearish bias and now market is pulling back once again toward near term daily resistance level 0.6885 which may lead price to continue its main dominant trend which is bearish. We would wait for price to react on this level and look for sell signal there. We have good confluence factors lining up here with this trading scenario such as bearish trend, near term daily level, 20 ema just above the price and Fibonacci retracement level 50-60%. good trading!