VasilyTrader

NZDUSD: Top-Down Analysis & Trading Plan 🇳🇿🇺🇸

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

NZDUSD broke and closed below a key daily structure support.
The broken structure turned into resistance now.

We see a retest of a broken structure.
To short the pair with a confirmation, pay attention to
a bearish flag pattern on a 4H time frame.

Its support breakout - 4h candle close below will confirm the strength of the sellers.

A bearish continuation will be anticipated to 0.597 support then.

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