Heads up, folks! NZD/USD seems to be in an uptrend these days as a rising channel formed on its 1-hour time frame. The pair just bounced from the bottom of the channel and appears headed for the top, which is around the .7700 major psychological mark.
It might be a little late to jump in a long trade and ride it up to the top of the channel, but a potential short trade at the top could be a good idea. What do y’all think?