NZDUSD is trading in a wedge pattern. We might see a downside trend in NZDUSD for a shorter time with support 1 and support 2 as target 1 and target 2, respectively. One can initiate short side trade with proper risk management and the stop-loss.

Note – trade with the proper risk management system

Thanks

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.