NZD/USD :: Corrective movements on the middle line .

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

Purple channel :
In the time frame of 1 hour, the price has been moving above the channel for some time and from now on it is expected that the price will move on the middle line or below it (bottom of the channel) .

_ After the complete failure of the channel, the price will continue its downward trend .


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