NZD/USD Trade Idea
Hello and welcome to my Trade Idea of the currency pair NZD/USD.
Let's start with the Top Down Analysis.
Monthly: Monthly is bearish.
Weekly: The weekly timeframe is in a very strong downtrend.
Daily: Daily is also bearish with as good as no retracements.
H4: On the h4 timeframe we see a trendline and a support area. I expect a break to the downside.
Have a nice day.
Let's start with the Top Down Analysis.
Monthly: Monthly is bearish.
Weekly: The weekly timeframe is in a very strong downtrend.
Daily: Daily is also bearish with as good as no retracements.
H4: On the h4 timeframe we see a trendline and a support area. I expect a break to the downside.
Have a nice day.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.