NZDUSD is testing the ascending broadening wedge resistance.
RSI is printing a bearish divergence signal.
Price action is printing a double top reversal pattern.
There is a possibility of the head and shoulders reversal pattern formation.
Sell entry ⬇️ - breakdown below the neckline support.
Target 🎯 - Support levels
Setup invalidation ❌ - breakout above the ascending broadening wedge resistance.
RSI is printing a bearish divergence signal.
Price action is printing a double top reversal pattern.
There is a possibility of the head and shoulders reversal pattern formation.
Sell entry ⬇️ - breakdown below the neckline support.
Target 🎯 - Support levels
Setup invalidation ❌ - breakout above the ascending broadening wedge resistance.