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NZD/USD Technical Analysis

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
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OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Chart Patterns Trend Analysis NZDUSD nzdusdshort nzdusdlong nzdusdtrade nzdusddaily nzdusdanalysis nzdusdbreakout nzdusdsell nzdusdforecast
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chartpattern trendanalysis nzdusd nzdusdshort nzdusdlong nzdusdtrade nzdusddaily nzdusdanalysis nzdusdbreakout nzdusdsell nzdusdforecast

The counter is currently is a descending channel pattern.
It hit the lower parallel and bounced off with an ascending channel pattern.
Hence, we expect the pair to trade with positive bias in the short-term.
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