NZDUSD Reversal from the top.

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Dólar Neo-Zelandês/Dólar Americano (OANDA:NZDUSD)

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OANDA:NZDUSD Dólar Neo-Zelandês/Dólar Americano

chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

Hi everyone:

Most USD pairs are getting strength in the last 2 days, and NZDUSD is certainly shaping up for further bearish price action to the downside.

Price has correctively move up within this ascending channel, and hitting a HTF double area.

Price then had a sharp bearish impulse down, looking to breakout of the reversal ascending channel.

Wait for confirmation breakout follow by LTF continuation correction to get in the sell.

Thank you

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