The weekly right side is down against the 7/27/17 highs at .7557. The daily right side is down against .6758 from 12/31/19. The 4 hour right side is down with a bearish sequence & the hourly is turning down against .6130. While below there the pair can continue lower again.
There is a end of this bigger corrective structure with lower and higher degree of 5th wave and C " wave respectively.
After reaching the level we will look for a new impulse.
Note: This is mere a idea not a trading signal to trade. Trade carefully !
Thank you for your support !
1. The New Zealand Dollar is still struggling to find a direction.
2. on 30 March NZDUSD break Trend and now it is struggling.
3. On daily chart it is Falling wedge Pattern According to that if it goes up today and Complete Bat Pattern still it Gonna Come Down so double possibility of Bearish Reversal Bat pattern. ;)