NZDUSD: Descending Channel, Trendline SupportNZD/USDOANDA:NZDUSDBlaisefxacademyNZDUSD is on a structural movement of lower highs and lower lows. the pair have been on bearish trend for about two months now, respecting this zones severally in regards to the 4hr chart structure. presently, the price is retracing above the trendline support, as we anticipate a buy at this point. More buy confirmation above the low support, triggers a long position to 0.5792-0.5820 as potential reach level. Thanks for reading.