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Tradingday22

Could it be a bearish flag pattern?

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Tradingday22  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns NZDUSD Bearish Flag 20ma 50ma rsioversold
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trendanalysis chartpattern nzdusd bearishflag 20ma 50ma rsioversold
A possible bearish flag pattern backed up by the 20ma crossing below the 50ma. Also the NZDUSD pair has been in a steady decline. I currently shorted the pair. We must keep in mind it has been oversold according to the RSI, so there may be some short term upside.
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