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Bullandbeartrading

NZD/USD Trade Idea

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Bullandbeartrading  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators NZDUSD short Bearish Patterns swingtrade topdownanaylisis Forex
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trendanalysis chartpattern indicator nzdusd short bearish swingtrade topdownanaylisis forex
Hello and welcome to my Trade Idea of the currency pair NZD/USD.

Let's start with the Top Down Analysis.


Monthly: We see on the monthly timeframe a strong downtrend.

Weekly: NZD/USD break the low from 2015 and retraced itself a little bit to the upside.

Daily: Daily is bearish too.

H4: Here we see a counter trendline and a breakout. We expect a push to the low.


Have a nice day.
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