FX:NZDUSD   New Zealand Dollar / U.S. Dollar
In the 4-hour timeframe, NZD/USD is tracking a descending channel, prompting a short-term selling opportunity as we target the support trendline of the channel. Upon reaching this level, a bullish rejection suggests a potential long-term buying opportunity, leveraging the support trendline as a strategic entry point. Traders should monitor price action closely for confirmation before initiating any positions.


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