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: We see on the monthly timeframe a strong downtrend.

Weekly: NZD/USD break the low from 2015 and retraced itself a little bit to the upside.

Daily: Daily is bearish too.

H4: Here we see a counter trendline and a breakout. We expect a push to the low.


Have a nice day.