NZDUSD Speculative Short (200 PIPS TP may be)

This is an IDEA based on pure speculation. I don't have any idea on fundamentals on both pairs for now.

Observations
-->Monthly Demand at test
-->Weekly Post Long Soldier Candle prints red

In the calendar we have few NZD related red news. Stay tuned for those news might change the view but if my guesswork right + newsflow drives our way we might bag this 200 pips.

Break down from monthly chart

Break down to Weekly

Break down to Daily

Lets see how it plays out