ANALYSIS 🔎 - NZDUSD is printing a descending triangle pattern. - Price is testing the descending triangle's inclined resistance. - The minor uptrend is supported by the ascending trendline support. - We could see a breakout above the descending triangle's inclined resistance or a rejection of the inclined resistance.
POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the descending triangle's inclined resistance. - Downtrend ⬇️: breakdown below the ascending trendline support.