Note: NZD/USD follows our analysis last week.
Congratulations to those who short this trade as per our analysis.
Overall, we remain bearish on this pair because of the potential "Extended Head & Shoulder" setup appeared.
Now, we have 2 trading plans for this pair:
1. Wait some little pullback to the support line at 0.698x level and bearish signal to short with right risk amount
2. Zoom into H4 or H1 chart to look for pullback to 20-EMA and bearish signal to short with little risk.
Overall, it is a high risk to reward trade!