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NZD/USD (Daily Chart) - Still Looking Bearish

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Dólar Neo-Zelandês/Dólar Americano (FX:NZDUSD)  
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FX:NZDUSD   Dólar Neo-Zelandês/Dólar Americano
Trend Analysis Chart Patterns Beyond Technical Analysis NZDUSD NZD-USD Forex priceaction synapsetrading
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trendanalysis chartpattern beyondta nzdusd nzd-usd forex priceaction synapsetrading
The price is still looking bearish long-term after previously breaking down from a large range (rectangle).

Price is unable to cross back above the 20 or 50-EMA, which means now is a good shorting opportunity.

The reward/risk ratio is good since only a small risk is needed to capture a potentially large move.
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