The NZDUSD pair is heading towards the downtrend line. We have seen several touches on this trendline and the overall trend is a downtrend starting from 26 April where it hit major resistance on the daily and weekly time frame.
This is a good chance to watch out for a reversal candlestick pattern on the 4H timeframe and take the trade on H1 timeframe and catch the ride up to 0.64262 - 62001 where the major weekly support is.
Goodluck!
This is a good chance to watch out for a reversal candlestick pattern on the 4H timeframe and take the trade on H1 timeframe and catch the ride up to 0.64262 - 62001 where the major weekly support is.
Goodluck!