TRADE OPENED FOR NZD/USD WITH BEARISH EXPECTATIONS
Updated
Comment
Comment
In a Daily time frame, a Double top formation has been formed as indicated by the red line but price is in the direction of confirming the pattern (i.e if it breaches the 0.78 Fib beyond 0.6660). Although, a sustainable bearish move can be well assured by a head and shoulder pattern formed about the highlighted light blue.
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