NZDUSD – Bearish Continuation after CHoCH & Premium RejectionNew Zealand Dollar / US DollarCAPITALCOM:NZDUSDSergiu_SmartMoney🔍 Context: H1 structure is clearly bearish after the CHoCH (trend shift confirmation). Price rejected from premium + supply zone (red OB) → clean SMC reaction. EMAs (9/41/200) aligned downward → trend confirmation. 📉 Current Price Action: Strong sell continuation with pullbacks. Price already tapped liquidity zone (PDH/PWL) → reaction seen. No bullish CHoCH → no reversal confirmation yet. 🎯 Scenarios: ✅ Main Scenario (HIGH PROBABILITY): Continuation toward major demand zone below (blue area) Targets: TP1: almost hit TP2: ~0.5650 TP3: ~0.5500 🔄 Alternative Scenario: Pullback toward: 0.5820 – 0.5880 (EMA + FVG + structure) Rejection = continue SELL Bullish CHoCH = short invalidation ⚠️ Key insight: 👉 Your setup is solid: Sell from premium + CHoCH + structure = classic SMC continuation model