After price swept liquidity at the top, it broke structure to the downside with momentum. Price then formed an an ascending channel liquidity of which it cleared above it and preceded to break structure to the downside. Price is currently in an established POI and is possibly looking to drop to take out the rest of the liquidity at the bottom of the ascending channel.
jpyNZDNZDJPYSELLshortTrend Analysis

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