NZDUSD: Trend-Following Bearish Setup 🇳🇿🇺🇸

NZDUSD is trading in a long-term bearish trend.
After a strong selloff, the pair was consolidating since the middle of August
within a horizontal range.

The support of the range was successfully broken last week.
The violation will most likely trigger a trend-following movement.

Next support - 0.577

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