NZD_USD is in the strong uptrend
However, the pair is trading in a megaphone pattern
And has recently hit its resistance line
Which implies a coming move downwards
Should we assume that the pair continues to move in this pattern
Double top with the lower high is also a bearish signal
All signals summed up make me bearish on NZD_USD
And I expect it to go DOWN
To retest the horizontal key level
SHORT! SL ABOVE D-T HIGH!
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✅ FREE Telegram channel: t.me/prosignalsfxx
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✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
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✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
Related publications
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.