Get started
Youza

NZDUSD Further downside potential

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
Youza  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators NZDUSD forextrading forexanalysis priceaction tradingsignals tradeidea
3
0
trendanalysis chartpattern indicator nzdusd forextrading forexanalysis priceaction tradingsignals tradeidea
After seeing the recent leg lower it's safe to say that the bears are looking to take this market lower. A recent divergence on the daily confirmed the move lower and resistance is currently being tested.

The 4hr and 1hr charts are going to be key for entry points - only if confirmed.

Related Ideas

Youza
NZDUSD bullish trade plan
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.