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NZDUSD - Downward trend will continue, Short trade using pending order recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-limit-trend-1
Forecast Details
PairNZDUSD
Publication Time7/18/25 7:07 AM
Direction Sell
Status Pending
7:07
7:07
Jul. 18, 2025
Forecast
-30 p
0.6000
Stop Loss
0.5970
Entry
+40 p
0.5930
Target 1
+60 p
0.5910
Target 2
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Chart & Analyst Comments

main-sell-limit-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in long positions on NZDUSD. As a result, we recommend considering only Short trades at this time.
  2. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  3. We see an accumulation of loss buyers above the current price in the right Order Book. This cluster can act as a resistance.
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