ForexGoldenBoy

Nzdusd Decoding : it's already going down again...

FX:NZDUSD   New Zealand Dollar / U.S. Dollar

It is perhaps already the end of the bullish scenario on the pair
Same scenario as with the EURUSD with the difference that the pullback confirmation zone has already been tested but without the candle managing to close below it.
However, it is probably only a matter of time since it seems that it is the dollar in general that is rising against other currencies. NZDUSD should be no exception.
As always, the scenario can evolve in the opposite direction depending on future developments. But if the pullback is confirmed the bearish option will take precedence

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