NZDUSD seems to be ready for a downside, right at the long term trendline. Possible bearish H&S in formation, but it could also never reach the sell structure, as it has already broke a channel on the 1hr timeframe, and has formed a consequent flag (it could start going from here)
Stop above "H", 1st target in the 0.6978 area.
Trade with care
Note
Sorry: "H" meaning the high at 0.73122.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.