NZDUSD On the daily timeframe market rejected weekly resistance with a bearish engulfing candle breaking below daily support and forming a new lower low, on the 4hr we can see market has mad a correction to form a lower high, now we are looking to catch the continuation to the downside, we first need to see a break below this support (neckline of head and shoulders pattern) then we can look for entries on the retest,
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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.