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Hello, Friends!

NZD/USD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.619 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Operación cerrada: objetivo alcanzado
That was an excellent trade and the target was reached too!
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Bearish PatternsChart PatternsforecastForexNZDUSDSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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