Hello and welcome to my Trade Idea of the currency pair NZD/USD.
Let's start with the Top Down Analysis.
Monthly: We see on the monthly timeframe a strong downtrend.
Weekly: NZD/USD break the low from 2015 and retraced itself a little bit to the upside.
Daily: Daily is bearish too.
H4: Here we see a counter trendline and a breakout. We expect a push to the low.
Have a nice day.
Let's start with the Top Down Analysis.
Monthly: We see on the monthly timeframe a strong downtrend.
Weekly: NZD/USD break the low from 2015 and retraced itself a little bit to the upside.
Daily: Daily is bearish too.
H4: Here we see a counter trendline and a breakout. We expect a push to the low.
Have a nice day.