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NZD/USD

On a daily chart we can see that the latest trend of the pair were an up trend.
On Monday the pair broke down the diagonal support line which supported the pair.
In latest hours, the pair is re-testing the area that was broken down.

We can see it much clearer on 4 hours chart.

As long as the pair doesn’t climb back above the diagonal line, and if this line will become to be a resistance, it will give us a sign of the end of the up-trend, and it will be an opportunity for us to join in with the new move down.
The area of 0.6800 should act as a resistance, and from there we will be looking for a strong bearish pattern that will bring us to action.

For Forex traders:

Sell between the levels of : 0.6800 – 0.6770.
Stop loss point : 0.6850.
Take profit point : 1.6650.

For Binary options traders:
A put option between the levels of : 0.6800 – 0.6770.
Expiry time : May 13.