NZDUSD Downtrend 15min
Clear downtrend in parallel channel. Tested support twice, may possibly break support after hitting resistance and returning downward.
Note
Finally broke through support after continuously playing with it. Could possibly indicate a harder DXY downfall, adding to the DXY bearish thoughts.Note
Also could result in a double bottom reversal soon! Long!Note
Falling wedge could be forming if it continues to rise
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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.