NZD/USD Trade Idea
Hello and welcome to my Trade Idea of the currency pair NZD/USD.
Let's start with the Top Down Analysis.
Monthly: Monthly is bearish.
Weekly: The weekly timeframe is in a very strong downtrend.
Daily: Daily is also bearish with as good as no retracements.
H4: On the h4 timeframe we see a trendline and a support area. I expect a break to the downside.
Have a nice day.
Let's start with the Top Down Analysis.
Monthly: Monthly is bearish.
Weekly: The weekly timeframe is in a very strong downtrend.
Daily: Daily is also bearish with as good as no retracements.
H4: On the h4 timeframe we see a trendline and a support area. I expect a break to the downside.
Have a nice day.
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