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ThinkingAntsOk

NZD/USD Potential Downside Move by ThinkingAntsOk

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
ThinkingAntsOk  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis NZD USD NZDUSD Bearish Patterns analyis setup short dollar BTC
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trendanalysis supportandresistance mtfa nzd usd nzdusd bearish analyis setup short dollar btc
🔸 4H CHART EXPLANATION:
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🔸 Price bounced at the Confluence Zone between the Resistance Zone and the Descending Trendline.
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🔸 It has also broken the Ascending Trendline.
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🔸 It has potential to make a downside move.
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🔸 Will look for a lower timeframe bearish setup.

🔸DAILY CHART ANALYSIS:

snapshot

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