NZDUSD Price Action Analysis - bearish ranging within key levels

W1 price is located below 200 period SMA and 100 period SMA for the primary bearish with secondary ranging between 0.6084 Fibo support level and 0.6896 Fibo resistance level:

• Symmetric triangle pattern was formed by the price to be crossed for direction.
• If the price breaks 0.6896 resistance level so we may see the secondary rally within the primary bearish market condition.
• If the price breaks 0.7743 resistance level so the price will be started to be reversed from the primary bearish to the primary bullish condition.
• if the price breaks 0.6084 Fibo support level so the primary bearish trend will be continuing.

Trend:

• W1 - ranging bearish