NZD/USD Price Analysis: Bears looking for downside extension on 15-min chart

NZD/USD bears in manipulate on the 15-min time frame. Bulls in search of an hourly upside smash will want to wait for prerequisites to flip bullish above structure.
NZD/USD is imparting a bearish bias on the decrease time frames whilst under shape and in a bearish surroundings according to the technical symptoms n the 15-min chart.

The following illustrates that the rate made a 38.2% Fibo and prolonged to a 50% imply reversion of the bullish impulse.

As such, the rate can be predicted to go higher, though the 15-min sticks offer a conflicting situation whilst under the 21-moving common and with MACD bearish.


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