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NZD/USD approaching resistance of a Channel Down

NZD/USD approaching resistance of a Channel Down

NZD/USD is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 5 hours.

Chart 1 hour
Pattern Channel Down
Length 27 Candles
Identified 01-Sep-2022 19:00 UTC