NZD/USD : DOWNTREND | NEW SWING LOW IS COMING ? SHORT VIEW 🔔
As we can see this pair has been located since last February within a Descending Channel, followed by Progressive Downward Swing High and Swing Low. NZD/USD has a high correlation with EUR/USD, the latter in our opinion is on the downside. Let's assume another bearish impulse for NZD/USD with the formation of a new Swing Low.
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Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
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Have a Good Day Trading !
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