NZDUSD is rejected for the downside channel upside resistance
NZDUSD has broken below 0.7080 after a rejection from downside channel upper resistance 0.7200. This would lead to a swing downside to 0.6900 which is the key resistance for a complete downside reversal from a recent medum-term uptrend. Invalidation of this will only come upon a break above 0.7100 again.
Note: look for the short trade entries with the stop loss above 0.7080
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