Lingrid | NZDUSD formed NEW LOWER low. Short

1252
The price perfectly fulfills my last idea. It hit the target level. The price is making new lows after breaking out of the range zone, and the main trend remains bearish. I believe the price may continue to fall if it makes a fake break at the resistance zone and downward trendline. If this scenario plays out, I expect the price to drop from the resistance zone and retest the support level as well as channel border. My target is support 0.59800

Lingrid | NZDUSD complex PULLBACK. Short


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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