GOING SHORT ON NZD/USD
NZD/USD is in a downtrend on a daily time frame , giving us bias towards short selling. Further more in 4H time frame we can see that price has taken multiple support on a trend line and also price is not able to break its previous highs, if price breaks the trend line towards the downside than we can see a trending move to a downside upto (.70126)
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.