NZDUSD is trading in Descending Channel Pattern after making the top from the previous upside movement. At the current level, it is trading at the support level of the channel pattern, as shown in the chart. According to chart pattern analysis, we might see a small upside in NZDUSD from the current level. One can initiate a long trade with the proper risk management system and stop loss.

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Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.