NZDUSD in a Clear Bearish Trend
NZDUSD in a Clear Bearish Trend
NZD/USD is moving inside a "Descending Channel" in a well-defined bearish trend.
The market's focus has been on the US election results, with the anticipated Trump victory supporting USD strength throughout the month.
Now that the election period is winding down, market activity is slowing.
However, as long as the price continues to respect this pattern, there is a chance for further downside in the short term, as shown on the 60-minute chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
NZD/USD is moving inside a "Descending Channel" in a well-defined bearish trend.
The market's focus has been on the US election results, with the anticipated Trump victory supporting USD strength throughout the month.
Now that the election period is winding down, market activity is slowing.
However, as long as the price continues to respect this pattern, there is a chance for further downside in the short term, as shown on the 60-minute chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Dagangan ditutup: sasaran tercapai
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.