#064: Short Investment Opportunity on NZD/USD

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#064: Short Investment Opportunity on NZD/USDNZD/USDOANDA:NZDUSDAndrea_Russo_SwipeUP The exchange rate displays a technical structure leaning toward weakness, gradually losing strength after a recovery phase. Selling pressure remains dominant, and recent increases appear to be more corrective than reversal-like. The upper areas have shown difficulty maintaining demand, with possible liquidity grabs before the bearish continuation. Relative strength continues to favor the US dollar, while the New Zealand dollar remains penalized by a less favorable environment. The main structure remains set toward a possible short continuation until the price shows a true breakout of the current trend. We expect confirmation of bearish pressure and a continuation toward the next lower liquidity areas.