A possible start of a bearish trend on NZDUSD

NZDUSD has broken through a support line of a Flag chart pattern. If this breakout holds true, we may see the price of NZDUSD testing 0.6188 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.
Losses can exceed deposits.

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