Bearish NZDUSD Targets to Know

Kiwi broke below the trendline that originates at the 5/15 low. The underside of this line should provide resistance now near .6700. The next downside level of interest is the line off of the 6/30 and 8/20 lows near .6550 although .6370/80 looks like a magnet. This is the former 4th wave support shelf (6/15 low) and VWAP from the March low and 2020 VWAP (see scandex.com for that chart and more).