NZDUSD Analysis June 14, 2020
On the monthly timeframe we are retesting a level of key resistance. On the weekly timeframe we are coming into a confluence zone for bearish setups. Last week closed with a spinning top showing signs of reversal. Down to the daily timeframe we are seeing signs of reversal but are still in an uptrend. I need to go down timeframes to see structure. On the H1 timeframe we have broken structure and are forming LH and LL. We need to form our next LH to go further downwards.