NZD/USD Trade Idea

Hello and welcome to my Trade Idea of the currency pair NZD/USD.

Let's start with the Top Down Analysis.


Monthly: Monthly is bearish.


Weekly: The weekly timeframe is in a very strong downtrend.


Daily: Daily is also bearish with as good as no retracements.


H4: On the h4 timeframe we see a trendline and a support area. I expect a break to the downside.


Have a nice day.