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NZDUSD DESCENDING CHANNEL EXPLAINED!!!!!!

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Dollar New Zealand / Dollar AS (FX:NZDUSD)  
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FX:NZDUSD   Dollar New Zealand / Dollar AS
Parallel Channel trendtrading market mentoring breakouttrading selloff
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parallelchannel trendtrading market mentoring breakouttrading selloff
MARKET ANALYSIS: The market has broken the huge uptrend channel and now its moving to a sell. Now in the lower time frame we have descending channel formation. We have strong support zone near the market price now. If the support zone is broken we can see a new lower low for a huge shorting opportunity. So lets wait and see what the market does in the coming days. Cheers!

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