NZDCAD S/R zones

This trade idea is based mostly on a Trend setup. There is a strong downtrend on the NZD/CAD right now. In such case, I look for volume clusters that were created within the downtrend. ( The biggest is red lines in my chart ) Such a volume cluster as around 0.8583 shows us that sellers were adding to their selling positions there and that they continued pushing the price lower from this area. When the price makes it back to this area again (pullback), then those sellers are likely to defend their positions and push the price lower.