NZDUSD: Very Bearish Outlook For Next Week 🇳🇿🇺🇸

Short

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)

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

parallelchannel rectangle candlestick nzdusd usdollar usd dollar forex trading technicalanalysis forecast

NZDUSD is trading in a global bearish trend.
After a sharp bearish move, the pair started to coil within a horizontal trading range.

The price finally broke and closed below the support of the range on Friday.
I believe that it will trigger a strong bearish continuation next week.

Next support - 0.61

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