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New Zealand Dollar / U.S. Dollar
Short

NZDUSD: Important Breakout

855
snapshot

NZDUSD broke below a support line of a rising parallel channel.

the breakout is matches with a violation of a horizontal minor support of a double top formation.

now the price will most likely drop low.

because the breakout candle was quite strong, I recommend retest entry.

first goal: 0.665
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Chart PatternsDouble Top or BottommoneynewzealanddollarNZDNZDUSDtradingTrend AnalysisUSDDJ FXCM IndexUSD (US Dollar)

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Chart PatternsDouble Top or BottommoneynewzealanddollarNZDNZDUSDtradingTrend AnalysisUSDDJ FXCM IndexUSD (US Dollar)
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.