NZDJPY: price reversal: correction or collapse?

The price movement develops in accordance with the following pattern: growth - correction - breakout - growth. This traffic pattern was repeated twice since November 2020 (before that, a similar three-stage movement was in the fall of last year). However, having corrected from the level of 75.40 and returned to it, the price did not stop. The algorithm was interrupted and instead of a breakout, the price began to fall. The price will interrupt the growth and drop to the level of 73.72.

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