Hello and welcome to my Trade Idea of the currency pair NZD/USD.
Lets start with the Top Down Analysis.
We wait a long time for this trade.
Monthly: Monthly is bearish.
Weekly: On the weekly timeframe we see 3 L.H one L.L and one H.L.
Daily: Daily shows a trendline and now the price is under the MONTHLY RES so we see downside momentum.
Have a nice day.
Lets start with the Top Down Analysis.
We wait a long time for this trade.
Monthly: Monthly is bearish.
Weekly: On the weekly timeframe we see 3 L.H one L.L and one H.L.
Daily: Daily shows a trendline and now the price is under the MONTHLY RES so we see downside momentum.
Have a nice day.