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NZDUSD Trading Plan

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
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FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex NZDUSD signals
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trendanalysis chartpattern indicator forex nzdusd signals
snapshot

0.670 - 0.672 is a significant resistance area for NZDUSD.

currently the price is coiling inside a rising parallel channel with clearly weakening bullish momentum.
I will be looking for a bearish breakout of a rising channel as soon as the price approaches this area.

when the 4h candle closes below the support line of a rising channel I will short the market
with targets based on structure:

T1 - 0.6665
T2 - 0.6600

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