NZDUSD Short

Greetings dear Traders this is my analysis for NZDUSD.

On the chart we can see that the price was growing solid to the point that is rejecting the price because of the solid pullbacks.

Now we can see that on experience that the price can not head uptrend too long.

On the indicator we can see a preparation of the downfall.

I expect it to fall to the support line around 0.698. And this is a good position to open a sell trade

Set your Stoploss it is important also make your own analysis before trading.

Please leave a Like,Comment and Follow!

Thank you!