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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 Technical Indicators Chart Patterns Forex NZDUSD short swingtrader
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trendanalysis indicator chartpattern forex nzdusd short swingtrader
Hello and welcome to my Trade Idea of the currency pair NZD/USD.

Lets start with the Top Down Analysis.


We wait a long time for this trade.

Monthly: Monthly is bearish.


Weekly: On the weekly timeframe we see 3 L.H one L.L and one H.L.


Daily: Daily shows a trendline and now the price is under the MONTHLY RES so we see downside momentum.


Have a nice day.
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