NZDUSD: One More Bearish Setup 🇳🇿🇺🇸

Short

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)

OANDA:NZDUSD New Zealand Dollar / U.S. Dollar

Parallel Channel Rectangle Candlestick Analysis NZDUSD DJ FXCM Index USD dollar Forex trading Technical Analysis Contains image

parallelchannel rectangle candlestick nzdusd usdollar usd dollar forex trading technicalanalysis containsimage

snapshot

One more pair that looks very bearish to me after news is NZDUSD.

I see a confirmed bearish breakout of a support line of a horizontal
trading range on an hourly time frame.

I think that a bearish trend on the pair will continue.
Initial target 0.59

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