NZDUSD is trading in the rising Channel Pattern. It has also reversed from the resistance zone and now trading at the support of rising Channel pattern if it breaks the support level of Rising Channel pattern, we might see further downside in NZDUSD towards the support 1, being the first target and support 2, is the second target and it may further test support zone as well.

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Thanks

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.