NZDUSD: Waiting For Confirmation 🇳🇿🇺🇸

٢٥ أكتوبر ٢٠٢٣

https://www.tradingview.com/x/RDEE3KSC/

I have perfectly predicted an intraday bearish movement after a breakout yesterday.

Analyzing a 4H time frame, we can spot an intraday consolidation now and a formation of a horizontal range.

The next bearish wave will be confirmed after a breakout of the support of the range.
4H candle close below 0.5808 will confirm a violation.

A bearish continuation will be expected to 0.8775 level then.

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