Hi everyone:
Most USD pairs are getting strength in the last 2 days, and NZDUSD is certainly shaping up for further bearish price action to the downside.
Price has correctively move up within this ascending channel, and hitting a HTF double area.
Price then had a sharp bearish impulse down, looking to breakout of the reversal ascending channel.
Wait for confirmation breakout follow by LTF continuation correction to get in the sell.
Thank you
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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.