Ascending Triangle Formation NZD/USD Daily - Bearish Reversal...
I have been doing some technical analysis of the NZD/USD Pair and I could clearly see this Ascending Triangle formation occuring. The yellow resistance line is a dynamic monthly area & the blue trend line is a weekly area. I will be keeping a close eye on this pair in the coming week to see if these areas carry on being respected as price gets squeezed.
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