NZD/USD PRICE ANALYSIS: BEARS IN CONTROL AND EYE BREAK OF CRITICAL STRUCTURES

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NZD/USD is down on the day and heading toward key trendline support. At the time of writing, NZD/USD is trading at 0.6234 having traveled between a low of 0.6230 and a high of 0.6254. The following illustrates the series of breaks in structure and the prospects of a downside correction.

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