NZDUSD: Intraday Bearish Confirmation?! 🇳🇿🇺🇸

١٤ أكتوبر

Last week, I already made a prediction that NZDUSD will keep falling.
Analysing the intraday price action, I spotted a strong bearish confirmation today.

Retesting a recently broken structure, the price formed a head and shoulders pattern.
Its neckline was violated, confirming a local dominance of the sellers.

We can anticipate a down movement at least to 0.6057

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