Bearish bias on NZD/USD with the continued dollar strength into the new year. We had the breakout of the triangle structure on the 1H time frame which would have been an ideal entry however i am now short on the 4H breakout of the longer CTL with downside targets of 0.68600. A break below 0.68550 could seen further downside movements.
- Other pairs i am watching: - USD/JPY LONG - EUR/GBP SHORT - EUR/USD SHORT
Follow me on Instagram for more trading updates! (Tag in BIO)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.