EUR/NZD May 22nd, 2022

Preferred Trade Path: Price has broken out of a major ascending trendline and also started forming downtrend structure on the 4 hour timeframe. Potential sell orders from a retest of resistance at psychological level 1.65000.

Alternate Trade Path: Price brake above psychological level 1.65000 and retest it as support for the continuation of the Daily uptrend structure.
Chart PatternsTrend Analysis

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