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NZD/USD Trade Idea

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Bullandbeartrading  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators NZDUSD short swingtrade Forex countertrendline
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trendanalysis chartpattern indicator nzdusd short swingtrade forex countertrendline
Hello and welcome to my Trade Idea of the currency pair NZD/USD.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is in a beautifully downtrend.

Weekly: The weekly timeframe is in a downtrend too with nice up and down waves.

Daily: The price closed under the daily resistance area .

H4: Here we draw the counter trendline . The price has already confirmed the counter trendline .


Have a nice day.
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