NZDUSD: Waiting For Breakout 🇳🇿🇺🇸

syot kilat

NZDUSD is trading in a bearish trend.

After a strong bearish move, the pair is consolidating for 2 weeks in a horizontal trading range.
I am patiently waiting for its 0.5565 - 0.56 support breakout to short.
We need a daily candle close below that to confirm the breakout.

Next target will be 0.548

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Penafian