$NZDUSD arrived channel support BREAKDOWN or BREAKOUT? #FOREX

22 בדצמ׳ 2022

NZD is at the rising channel support thats been in the uptrend since October. A breakdown here is a tradable event, as the top might be in place for the next several weeks and it will start correcting the whole LEG UP from October till now. Consequently if we bounce here and break the local trendline to the upside - means the bullish trend is still intact and we can find LONG trades in the upcoming days.
#ApexBull #trading #Signals