NZDUSD ! Price in range. Falling to support😈
The NZDUSD continues to trade in a global downtrend, but a correction was formed on the chart in which the price showed a local rising trend.
On the chart I highlighted a range and a channel, two key patterns. The price breaks through the channel and on the retest from the bottom it consolidates under it, at that moment the price consolidates in a short zone relative to the range.
I assume that NZDUSD may fall after consolidation below the level of 0.62457 and continue falling. The short-term target is the support at 0.6149.
Regards to R. Linda!
On the chart I highlighted a range and a channel, two key patterns. The price breaks through the channel and on the retest from the bottom it consolidates under it, at that moment the price consolidates in a short zone relative to the range.
I assume that NZDUSD may fall after consolidation below the level of 0.62457 and continue falling. The short-term target is the support at 0.6149.
Regards to R. Linda!
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
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🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
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