NZD-USD will go DOWN after Breakout! Sell!

285
snapshot
Hello, Traders,
NZD-USD had a breakout from the rising channel
I think anyone could see that the rising angle of this channel
Is fundamentally unsustainable
And now, we are witnessing a breakout
Which be a function of the pullback on the EUR-USD
But I dare suggest it is a symbol of the reversal
At least a temporary one
Therefore, I expect the pair to Fall from here
And retest the nearest support!
Sell!

Like, comment and subscribe to boost your trading!

See other ideas below too!

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.