NZD/USD Trade Idea

Hello and welcome to my Trade Idea of the currency pair NZD/USD.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is very bearish.

Weekly: Here we draw the strong bearish trendline. The last weekly candle reacted beautifully to the trendline and closed under it.

Daily: The daily candles reacted nice to the daily resistance.


Have a nice day.