NZD/USD Price Analysis: Bears attempt to take control at a key support structure at 0.6340 – by fx_ross NZDUSD Technical Analysis
, where it was stated that the bulls have moved in and this was giving the bears an opportunity for a discount, the bears have indeed capitalized on the sweep of liquidity to 0.6400.The 4-hour time frame showed the price correcting towards the upside, in accordance with the daily We saw the correction into resistance and bears were expected to be in anticipation of a bearish structure forming which could be leant against in the prospects of a downside continuation.
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