VasilyTrader

NZDUSD: Trend-Following Setup 🇳🇿🇺🇸

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

NZDUSD is bearish.
The price has just retraced to a major falling trend line.

A bearish movement will most likely initiate from that.
Our confirmation is a descending triangle formation on 1H time frame
and its neckline breakout.

I expect a bearish movement to 0.593 support.


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