NZDUSD has been choppy on the H4 chart. The price has been ranging within a triangle after being very bearish. The H4 chart’s price action suggests that the bearish trend has lost momentum. A downside breakout would add fuel to it and push the price towards the South further. On the other hand, an upside breakout would attract the buyers to go long and push the price towards the North. Let us have a poll on this.
Scenario 1: The price will make an upside breakout and head towards the North.
Scenario 1: The price will make a downside breakout and head towards the South.
