DeGRAM | NZDUSD compression channel at structure support

Long

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)

OANDA:NZDUSD New Zealand Dollar / U.S. Dollar

supportandresistance flagpattern parallelchannel nzdusdlong compression nzdusd

NZDUSD is is running out of steam near structure support. This indicates that price is going to form some kind of the consolidation patterns like ascending/descending channels or flags. We can capitilize on that.

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