NZDUSD Bearish Price Action Still Valid, Still Look For Sell

1 Mar 2022

Hi traders:

Last forecast and analysis on NZDUSD, we did see the bearish push down from the price,
but similar like AUDUSD, we didn't see the price continue down more.

Instead, we see price correctively move up again in a correctively ascending channel.

Latest development we saw some reversal structure within the ascending channel.

Now we can wait for price to commit to the downside, impulse phase down,
follow by bearish continuation correction can confirm the more downside.

Thank you

3 Mar 2022

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