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NZDUSD

DAILY:price is trading inside a bearish channel. failure of price to create a lower low is an indication of possible price rally.  we expect price to rally to 0.7252 to give a bearish butterfly pattern entry which also confluences with 0.618% gartley and upper channel possible bounce.

4HR : price is still trading below the longterm trendline, hence we are still thinking short on a short-term

1HR: Interesting events are unfolding. we see a possible short at 1.0730, supply level and also possible TL bounce, also if price could move down to next support level before price moves to Bat entry, that support level would be the leg C for a possible bearish butterfly entry at 0.7122

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