NZD/USD Analysis - SHORT
1-Hour Chart:
Once again, good job to those of you who were able to catch this trade from our weekend breakdown. Right now, we are looking to scale in to the trade on the next correction, a small bear flag would be ideal to enter another position on this pair to the down side.
We will be targeting, at a minimum, the low of the ascending channel. If that level breaks, we are looking to take this pair all the way down to the daily lows.
NZDUSD
www.thepipbull.com
Once again, good job to those of you who were able to catch this trade from our weekend breakdown. Right now, we are looking to scale in to the trade on the next correction, a small bear flag would be ideal to enter another position on this pair to the down side.
We will be targeting, at a minimum, the low of the ascending channel. If that level breaks, we are looking to take this pair all the way down to the daily lows.
NZDUSD
www.thepipbull.com