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NZDUSD massive weakness- downside expected

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
TomProTrader Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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Hi traders,

NZDUSD looks extremely weak. The pair is under major moving average, Fibonacci retracement resistance, and there has been a death cross in the moving averages suggesting short term weakness.

Lows to be expected. The move down will be fast.

Best regards,
Tom_Killick
Comment:
Despite a small pullback, bears are becoming strong again. I am expecting down move to carry on into the lows soon.
Trade closed manually:
Let's close any downside trade here, and wait for a new entry on the daily chart.

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