NZD/USD keeps a potential to decrease
Previously, the expectations for a decline in the NZD/USD pair were published, but they were canceled due to the penetration of significant resistance and the formation of a flat on the overall decline in the US dollar. In this case, the overall downward trend for this pair is preserved.
Deals for sale should be considered now below 0.6650-40.
Goals and significant support are located at 0.6600 and 0.6580. Resistance and reversal zone is located near the levels: 0.6670 and 0.6690.
Read also: “Wolfe Waves – Floating, Knowing“
Hanzenko Anton
Earn with the help of the trade service on the news Erste News!
Topical articles of the trader’s blog:
- Sanctions against Iran, their aggravation and impact on the world market
- Multifactorial analysis of the Forex market
- Expectations from the USD/JPY for the end of April – early May
Current Investment ideas: