NZD/USD prepares to resume a decline

The NZD/USD retains the potential for a decrease in the resumption of the monthly downtrend after a restrained flat movement on Friday trading and limited working out of the upward divergence,.

A resumption of the decline can be expected on breaking through the support of 0.6300-0.3290.

This will indicate a resumption of decline to support levels: 0.6230 and 0.6200. Resistance are the marks: 0.6320 and 0.6340.

Read also: “Correction of the financial quarter”

Hanzenko Anton

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