NZDUSD - Support and Resistance
The market has broken and closes below the rising channel which may put a stop to the upward trend. With that, there will be a potential Bullish Crab Pattern forming up and with that, it gives us an opportunity to short on the key level of 0.7213. You can wait for a double top and an RSI Divergence on the 1-hourly chart for the trading confirmation.
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