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NZDUSD > Confirmed Head and Shoulder, More Downside!!

Short
Dollar Néo-Zélandais / Dollar Américain (OANDA:NZDUSD)  
TheTradersAvenue  
OANDA:NZDUSD   Dollar Néo-Zélandais / Dollar Américain
Support and Resistance Trend Lines Supply and Demand headandhsoulders chartpattren chartanalysis Technical Analysis NZDUSD EURUSD Contains image
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supportandresistance trendline supplyanddemand headandhsoulders chartpattren chartanalysis technicalanalysis nzdusd eurusd containsimage
Analysis of #NZDUSD

Hi traders, today we will have a look at #NZDUSD


The NZDUSD broke its trendline support and became trendline resistance, and as you can also see we have a confirmed head and shoulders pattern, it is confirmed head and shoulders pattern because we broke the neckline support.

I expect the NZDUSD to continue down to test the next level of support near 0.61500.

I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one

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