NZDUSD Bear Flag Breakout

NZDUSD Rotate lower after breaking the Bear Flag pattern visible on H4 chart.

Breakout target stands at 0.8100 at a support level.

 

NZDUSD Bear Flag

Current trend of NZDUSD changed to Bearish from bullish after hitting a role reversal area on daily chart. Price created a spinning candle there and moved lower from the zone.

NZDUSD Daily Spinning bar