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.


this is what I have on NU, quite interesting pair to follow
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.
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