EliteTradingSignals

NZD/USD BEARISH BIAS RIGHT NOW| SHORT

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello,Friends!

NZD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.621 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/USD pair.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!

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