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 in a beautifully downtrend.

Weekly: The weekly timeframe is in a downtrend too with nice up and down waves.

Daily: The price closed under the daily resistance area .

H4: Here we draw the counter trendline . The price has already confirmed the counter trendline .


Have a nice day.