FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello and welcome to my Trade Idea of the currency pair NZD/USD .

Let's start with the Top Down Analysis.


Monthly: The monthly timeframe is overall bearish but the last months are strong bullish .

Weekly: The last weeks are bullish .

Daily: We can recognize on the daily timeframe a bullish trend .

H4: We draw the counter trendline on the H4 timeframe. We see a clear break. As well the price touched the daily support. The target is the daily resistance.


Have a nice day.

Comments

this is what I have on NU, quite interesting pair to follow
Reply
We are also at the bottom of an UT channel that started 1 Oct 2019.


And there was an RSI divergence recently on the 4H chart.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out