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NZD/USD STRUCTURE ANALYSIS|

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
ProSignalsFx Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators NZDUSD NZD USD nzdusdshort newzealanddollar dollar DJ FXCM Index forecast analysis
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trendanalysis chartpattern indicator nzdusd nzd usd nzdusdshort newzealanddollar dollar usdollar forecast analysis
snapshot
The pair is trading below a strong resistance, supported by a diagonal trendline and a newly formed horizontal structure.

The bullish momentum might pump NZD/USD to a new high to retest a confluence of resistance lines, yet I believe this attempt will fail and the pair will correct, reaching the diagonal trendline line.

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