NZD USD - BEARISH TREND REMAIN
In terms of monthly, it`s clear evident that the momentum remain bearish towards a potential 0.6750.
However last 2 weeks ago - a retracement bullish from 0.7200 towards 0.7325 occurs before the present downward movement.
I`ll wait for this week to close below 0.7250 for a sell entry towards the mentioned TP with a SL around 0.7375.
However last 2 weeks ago - a retracement bullish from 0.7200 towards 0.7325 occurs before the present downward movement.
I`ll wait for this week to close below 0.7250 for a sell entry towards the mentioned TP with a SL around 0.7375.
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