NZDUSD Two Potential Scenarios For The Upcoming Week

Price has been in a corrective structure for a while and it's now testing the upper bond of the rising channel it moved in. The most possible scenario is to start a move to the down once again. We should watch for a sell setup to complete at that level and after that to go short.

In case we have a breakout above the channel, we should wait for a correction and watch for buy setups.

Watch my previous flag pattern setup in NZDUSD (link below)

Keep your trading simple, follow your own plan..! Like and comment if you agree..!