NZD/USD BEARISH BIAS RIGHT NOW| SHORT

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Dolar New Zealand / Dolar A.S. (FX:NZDUSD)

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FX:NZDUSD Dolar New Zealand / Dolar A.S.

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Hello,Friends!

NZD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.621 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/USD pair.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!

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Penafian

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