NZDUSD is currently bearish, and it has been this way for a long time now, looking at what the daily timeframe is presenting, I still see NZDUSD going lower to the downside. When my target has been achieve I will then start to look longs on this pair as I believe it will push higher into the highs once it has been able to fulfil this downside move.
Comment:
I just took 50% profits and secure my trade. There's a high possibility that price will bounce from the trend line to the upside.