NZDUSD has been in a downtrend since the 21st of March and is currently flagging to the downside. I see two potential trade opportunities. The first would be selling at the resistance of the flag channel and the second would be trading the full flag pattern . This will depend on how price plays out. For more conservative sell entries we could wait until the Stochastic RSI is below 35.
Trade closed: target reached:
First target reached