Nzdusd has formed inverted head & shoulder pattern on h4. This pair has broken its neckline of this pair. Now we can wait for retest of neckline to buy entry again. Otherwise, we can look for buy from near term support level
On the chart, we can see some support and resistance level for this pair. On 28 December, we saw rejection from 123.20 level. This pair is still on bearish momentum since yesterday. On the resistance level, we saw evening star on h4. We can expect more bearish movement on this pair.
Now 121.65 level is acting as support for this pair. If this pair can break this...