TheTradersAvenue

NZDUSD > Can We See a Break Down Soon?!

Short
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OANDA:NZDUSD   Neuseeländischer Dollar / US-Dollar
Analysis of #NZDUSD

Hello friends,

here we have NZDUSD wedging, in other words, it's losing momentum, looking at the hir time frame we can see RSI is dropping which price keeps climbing t the upside.

f you remember my recent post on this pair I said carefully from the triple tops (check lin below).

Now What?
I can see a beautiful rejection candle followed by a lower low lower closed candle, which gives me a clear signal to sell, however, i am already in other NZD shorts against stronger pairs, simply because I do not want to buy the dollar.



I hope this idea earns your likes and comments, that will really support me to keep providing you valuable analysis

Really appreciate your support and feedback
Check today analysis below⠀


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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
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