UnknownUnicorn15614419

NZDUSD: three touches of resistance - three falls?

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UnknownUnicorn15614419 Atualizado   
FX:NZDUSD   Dólar Neo-Zelandês/Dólar Americano
In February, the price bounced off the resistance of 0.746 (the line of the main growing turnle since March last year) and began to fall. During the fall, a channel was formed. The chart shows how after each touch of the resistance line (Fall 1.2) the price collapsed to the support line. Now the price is at the resistance 0.706 and can be expected to fall to support 0.676 (strong zone).
SL - 0.717.

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