Opportunistic Wednesday presents us with NZD/USD

Hello Traders,

Let’s hit the charts…

 

 

1. NZD/USD

NZD/USD On the weekly chart is highly bearish.

On the 4 hours chart, all we are looking for is price breakout through the support level (0.63598) of a giant pennant.

If that happens we could see a bearish drop of a little over +60 pips to the next possible support level (0.62698)

 

Do have a pip-full day ahead

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