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FX.co ★ NZDUSD H1: Bearish Rectangle

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Technical Analysis Patterns

2026-06-25T21:00:18
Signal strength 4 of 5

NZDUSD H1: Bearish Rectangle

Bearish RectangleAccording to the chart of H1, NZDUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5656 - 0.0000 and support 0.5626 – 0.5626. In case the resistance level 0.5626 - 0.5626 is broken, the instrument is likely to follow the bearish trend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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