NZDUSD: Important Structure Breakout & Bearish Outlook 🇳🇿🇺🇸

Short

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

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

Support and Resistance Supply and Demand Pivot Points swing swingtrading swingstrategy swingtradingsignals Forex Contains image

supportandresistance supplyanddemand pivotpoints swing swingtrading swingstrategy swingtradingsignals forex containsimage

snapshot

NZDUSD broke and closed below a key daily horizontal structure support,
setting a new lower low lower close.

It is an important bearish signal that opens a potential for a further bearish continuation.

Next support - 0.588

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