But Unfortunately, It bounced from that resistance on Tuesday.
It's fifth times N/U rejects SMA200.
And third time at key resistance 0.6750
I see with that third time, A triple top pattern arises.
Here is my idea:
We could see NZDUSD refuses SMA200 + SMA100 + SMA50
And a triple top pattern.
Watch the on the chart , that is the key point.
If N/U breaks this , downside is confirmative.
DOWNSIDE RISK REMAINS.