UnknownUnicorn5944879

NZDUSD breaks the Wedge! 17.06.2021

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
>> After the FOMC statement yesterday, which favored the dollar, the pair broke the support 0.7101 and reached to 0.7041.
>> I don't think that it's the end though. As the arrow shows, the distance downwards should be the same as the distance of the previous arrow when thinking/estimating based on a technical perspective.
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