NZDUSD: Wedge Breakout & Bearish Continuation 🇳🇿🇺🇸

Short

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

Updated

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

Fibonacci Wedge Wave Analysis NZDUSD Forex trading Technical Analysis DJ FXCM Index

fibonacci wedgepattern waveanalysis nzdusd forex trading technicalanalysis usdollar

snapshot

Hey traders,

NZDUSD reached a strong supply cluster.
Breaking the rising wedge to the downside the market confirms a local bearish sentiment.

I believe that the price may drop.

Initial goal - 0.693

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Comment:

Check my new idea on AUDJPY:

AUDJPY: Very Bearish Outlook 🇦🇺🇯🇵

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