The price of NZD/USD is keep moving under the Descent Trend line (RED). And the Descent Trend Line served 6 times as a Resistance Position in 1 hour's Chart.
It broke all the Moving Average Linesof 5/14/30/60 days last friday. That means a new falling trend of short-termhas been formed.
Anyway, the price now come to the 138.1% Extention position of 1 hour's Fibonacci . Suggestion: SELL IT at 0.7080 -0.7100 Target set up at 0.70000