NZDUSD

12 May

1. **Currency Pair and Timeframe:**
- The chart represents the NZD/USD currency pair.
- The x-axis corresponds to time, spanning from late February to early June.
- The y-axis represents the exchange rate value in USD.

2. **Chart Features:**
- The main feature is a blue line graph that depicts the fluctuations in NZD/USD's value over the specified timeframe.
- Annotations are present at specific points on the chart:
- "LOWER HIGH" indicates a point where the exchange rate reached a lower high compared to previous peaks.
- "LOWER LOW" indicates a point where the exchange rate reached a lower low compared to previous troughs.
- Two trend lines are drawn:
- A white trend line suggests a potential upward breakout after May 13th.
- A yellow trend line anticipates a continuation of the downtrend.

3. **Highlighted Area:**
- There is a light blue area highlighted on the chart, indicating a particular focus or period of interest around mid-May.