NZDUSD: Waiting For Breakout 🇳🇿🇺🇸

Short

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

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

parallelchannel rectangle flagpattern nzdusd newzealanddollar priceaction priceactionanalysis priceactiontrading priceactionstrategy

NZDUSD is trading in a bearish trend.

After a strong bearish move, the pair is consolidating for 2 weeks in a horizontal trading range.
I am patiently waiting for its 0.5565 - 0.56 support breakout to short.
We need a daily candle close below that to confirm the breakout.

Next target will be 0.548

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

about EURUSD 5

about XAUUSD 8

about USOIL 8

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.