RLinda

NZDUSD ! Price in range. Falling to support😈

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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!

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

🧿Web: rlinda.com
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.