NZDUSD TRIANGLE PATTERN FMFR

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NZDUSD TRIANGLE PATTERN FMFRNew Zealand Dollar / U.S. DollarFOREXCOM:NZDUSDThEDeViL18NZDUSD has completed a strong bearish move after breaking down from the consolidation triangle, successfully delivering the projected downside target. Price is now trading inside a key demand/support zone where buyers could begin to step in. At this stage, patience is important. Rather than buying immediately, I want to see a clear bullish confirmation from this area. A bullish candlestick pattern on the higher timeframe combined with a lower timeframe market structure shift would provide stronger evidence that the selling pressure is fading. If liquidity below the current support zone gets swept first and price quickly reclaims the level, that would be an even stronger confirmation for a potential bullish reversal. Such a sweep could indicate smart money collecting liquidity before pushing the market higher.