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: A strong trendline was identified in the monthly timeframe.

Weekly: Weekly is overall bearish.

Daily: Daily is bullish but because of the confirmations from monthly and H4 we are bearish.

H4: We see a counter trendline and a breakout. That's the final confirmation for a bearish trend.


Have a nice day.