A possible start of a bearish trend on NZDUSD

NZDUSD has broken through a support line of a Descending Triangle chart pattern. If this breakout holds true, we may see the price of NZDUSD testing 0.6161 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

Past performance is not an indicator of future results.
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