🔸4H CHART EXPLANATION:
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🔸Price bounced at the Daily Resistance Zone.
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🔸It has broken the Ascending Trendline.
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🔸After that, we can observe that has been consolidating on a corrective structure. We are waiting for a breakout to the downside.
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🔸 In case the breakout happens, our first short term target is the Support Zone at 0.6400.
analysisBearish PatternsMultiple Time Frame AnalysisNZDNZDUSDsetupshortSupport and ResistanceTrend AnalysisUSD

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