NZDUSD has been trapped in a descending type of channel. we currently on the third touch of the channel and we can see that price is approaching the third touch in a corrective manner showing a smaller descending channel inside the larger descending channel adding more confluence to our buy bias
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.