Hello Traders, Im a pro with 7+ years of experience in the market. I want to help out retail traders. So, here I post some of my long-term and short-term setups and crisp points of the reasoning and my conclusion. Hope it benefits you.
NZD/USD Technical Analysis ~~The counter was in a consolidation phase after a solid down move. ~~ The consolidation resembles a bearish flag pattern. ~~ Further, the entire setup could be interpreted as a head and shoulder pattern. ~~ Hence, we expect the pair to be bearish in the near-term.