NZDUSD: Classic Top-Down Setup 🇳🇿🇺🇸

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

OANDA:NZDUSD Dólar Neo-Zelandês/Dólar Americano

Multiple Time Frame Analysis Wedge Head and Shoulders NZDUSD DJ FXCM Index USD dollar Forex trading techincalanalysis Contains image

mtfa wedgepattern headandshoulders nzdusd usdollar usd dollar forex trading techincalanalysis containsimage

snapshot

NZDUSD is approaching a solid horizontal daily resistance.
We see a strong bearish reaction from that:
the price formed a rising wedge pattern and a head and shoulders pattern,
the support of the wedge and the neckline of h&s were successfully broken.

I believe that the pair may drop.
Goals: 0.6237 / 0.622

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