NZDUSD looks bearish. Price breakeven bottom trendline. I think it is good time for watching this currency pair.
If price will show downtrend continuation it may be good situation for bearish shorts. (4H chart)
If price will show uptrend after double bottom - bullish long.(4H chart)
4 HOUR charts
1H chart
More charts for overall overview
Monthly chart: FLAG with downtrend to bottom trendline
Weekly chart: flag continuation to bottom line
Daily chart: trendline breakeven and pullback
NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.
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