jojofang0901

NZDUSD Look for this next bearish continuation run

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

Hi traders:

Finally seeing some USD strength across the board.

NZDUSD is one that is shaping up to be the better sell opportunity.

Price has form this deeper parallel channel , and within that an ascending channel reversal.

We see the latest price action had its first LTF bearish impulse down from the ascending channel structure, good indication of a beginning of the bearish run.

I would wait for some LTF continuation correction to get in the sell entry down to the lows.

thank you
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