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NZD/USD SELLERS WILL DOMINATE THE MARKET|SHORT

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Nyzeeländsk dollar/USA-dollar (FX:NZDUSD)  
EliteTradingSignals Uppdaterad   
FX:NZDUSD   Nyzeeländsk dollar/USA-dollar
Trend Analysis Chart Patterns Wave Analysis NZDUSD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis nzdusd short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

The BB upper band is nearby so NZD-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.612.

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