NZDUSD: Bearish Outlook 🇳🇿🇺🇸
NZDUSD broke a major falling trend line to the downside.
After a breakout, it turned into strong resistance.
Now the price is approaching that.
On a 4H time frame, the price found a minor intraday supply zone.
Testing that the price formed a dodji candle.
With a high probability, the pair will drop to 0.66 / 0.657 levels.
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Related publications
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.