NZDUSD: Counter-Trend Trade 🇳🇿🇺🇸

Short

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)

Updated

OANDA:NZDUSD New Zealand Dollar / U.S. Dollar

Pivot Points Candlestick Analysis Double Top or Bottom NZDUSD DJ FXCM Index USD dollar Forex trading forextrader trader

pivotpoints candlestick doubletoporbottom nzdusd usdollar usd dollar forex trading forextrader trader

snapshot

NZDUSD looks quite overbought.
The price formed a tiny double top formation on an hourly time frame
and broke its neckline to the downside.

I expect a local correctional move.
Goals: 0.6933 / 0.691

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Comment:

Check my new analysis on NZDUSD, BITCOIN CASH, USDCHF, EURGBP:

MarketBreakdown | NZDUSD, BITCOIN CASH, USDCHF, EURGBP

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