NZDUSD LONG OPPORTUNITIES

NZDUSD approached the down trendline area that was made since the end of last year.
At the timeframe h4 an uptrend channel was formed
At the close of the market Friday the price consolidated below the last support area.

if the price breaks through the channel and support area, we can immediately buy order or wait for a retest in the support area which turns into a resistant area with take profit around the price of 0.648

but if the price breaks the bottom of the channel, it shows that the price still respects the trendline. and the buy option above does not apply. and we can look for sell opportunities.

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