NZDUSD Consolidation + Support Trend Line Breakout

Short

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)

OANDA:NZDUSD New Zealand Dollar / U.S. Dollar

Price has been consolidating in the previous weeks and now there are signals to break below to support levels. Price already broke the Support Trend line to the downside. Will price continue in the consolidation phase or will it break to the downside? What are your thoughts? Drop a comment, like and follow.

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.