Hey tradomaniacs,

after a break below the previous range NZD/USD has retested the daily resistance-zone with a higher volume which appeared with a very slow climb which failed to break through. This is often an indication for a reversal, either a correction or continuation of the previous breakout!

Looking at the structure we might see an expanding triangle forming!

Watch this level carefully and wait for a confirmation as always! =)


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*EXPANDING TRIANGLE
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