Is NZD about to break to the downside?

NZD/CAD on the Daily is looking quite bearish in my opinion, with a downtrend of LH and LL since its peak of 0.8782 back in December 2022. Currently we are sitting at a critical point of support and i do believe that it will break that line. With Volume at resistance at every peak of the downtrend in the price action, it has finally created LH and LL showing the sell pressure. Also the 50 day Moving Average (Red Line) on the OBV is above showing that volume has been low. RSI isn't showing me much but their could be a case for bullish divergence but im not convinced.

So what are we waiting for......

- a break of support with a nice red candle.
- a retest of that same line which will be resistance
-confirmation that OBV is confirming this price action and
- candle configuration that convinces me this is not a fake out eg . small green candles reaching resistance, bear flag etc.

Please note their is some crucial news coming out of Canada in the next few hours so that could make this pair volatile. I will be waiting for the dust to settle before I make my move if any.

Be Patience
Stay Disciplined
And Don't Force It