Strategy: Pending Short
NZDUSD looks to be carving out a double top below the 0.74 figure, with prices pushing toward the lower boundary of a bearish Rising Wedge formation set from the lows in June, now at 0.7236. Clear negative RSI divergence bolsters the case for a downside scenario. We will look for confirmation on a daily close below the Wedge bottom to enter short, eyeing targets at 0.6844 and 0.6579.
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