NZDUSD Short Set Up This Week!

Short

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

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

trendanalysis nzdusd usdchf usdjpy structure-trade bearish downtrend shortsetup retest-structure

Welcome back! Here's an analysis of this pair!

**NZDUSD - headed for support at around 6720-6700 zone which we can expect a bounce and then continuation downward. We will be monitoring 6790 area for re-tests and potential entries for scalp, intraday, and swing. Targets would be 6765, 6730, 6700, 6610.

We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.

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