Hello and welcome to my Trade Idea of the currency pair NZD/USD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is very bearish.
Weekly: Here we draw the strong bearish trendline. The last weekly candle reacted beautifully to the trendline and closed under it.
Daily: The daily candles reacted nice to the daily resistance.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is very bearish.
Weekly: Here we draw the strong bearish trendline. The last weekly candle reacted beautifully to the trendline and closed under it.
Daily: The daily candles reacted nice to the daily resistance.
Have a nice day.