linofx1

NZDCHF: Waiting For Breakout

FX:NZDCHF   New Zealand Dollar/Swiss Franc
↪️The AUDNZD currency pair is trading a downward trend. Currently, the price is consolidating within a descending triangle pattern.

The range from 0.5289 to 0.5279 is the level to watch closely. If the price breaks and remains below this range on a 4-hour, it is likely that the market will continue to decline.

The next level of support to look out for is at 0.5241...Trade safely 👍✅

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