Mihai_Iacob

NzdUsd- Big drop ahead

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OANDA:NZDUSD   Dólar Neo-Zelandês/Dólar Americano
In my opinion, a big drop for NzdUsd is just around the corner.
The rise from 0.7 is clearly corrective in nature and 0.73 seems very strong resistance and bears are strong before that figure.
A break under the trend line would confirm my outlook and I expect at least 0.7 to be reached sooner rather than later.
Of course, a close above 0.73 would negate this bearish scenario

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