NZDUSD sellers failed on a break below a key trendline on the daily chart this week. Has this failed to open the door for buyers in the future?
Not so fast!
Buyers have some control over the failed breakup, but they need to do more.
In this video I look at NZDUSD from a technical perspective and outline the key levels in play and what these buyers need to do if they want to take more control in the future.