NZDUSD: The Selloff Will Continue 🇳🇿🇺🇸

Short

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

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

Parallel Channel Rectangle Wave Analysis NZDUSD DJ FXCM Index newzealanddollar priceaction priceactionanalysis priceactiontrader Contains image

parallelchannel rectangle waveanalysis nzdusd usdollar newzealanddollar priceaction priceactionanalysis priceactiontrader containsimage

snapshot

NZDUSD is trading in a long term bearish trend.
After a consolidating within a wide horizontal range on a daily,
the price violated its support.

We see a positive bearish reaction to that after its retest.

I believe that the pair will go lower.
Next support: 0.576

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