NZDUSD Bearish Continuation Channel Breakdown Signals Further
NZDUSD was trading within a well-defined descending channel, maintaining a clear bearish structure. Recently, price broke below the channel support, signaling a potential continuation of the downtrend. After a brief pullback, price faced rejection from the resistance zone around 0.5738, confirming strong selling pressure. Currently, price is holding below the key support level near 0.5703,…
