NZDUSD Sell Idea
NZDUSD broke a support level at around 0.61000 in the 4-hour timeframe. It has retested it and is now in a downtrend. In the 1-hour timeframe, it has formed a channel, which it has retested 3 times on each line. It has formed a strong rejection (shooting star) candlestick at both the resistance and the upper line of the channel. There is a high chance that the price will continue downwards to 0.60590.
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