NZDUSD channel breakout + retest; large downside possible

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
35 0 0
Breakout from lower bounds of bull channel stretching back over 5 months. Prices have moved back up to re-test the bottom of the channel. If resistance is found here, it's very likely we will transition into bear market and large downside will be seen.

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