Lower levels are still ahead for NZDUSD. It's likely that we will see the 0.7220 level again in the short term before the move lower continues to the target of 0.7124.
Comment:
The 0.7220 level has indeed been hit before hit before the 0.7124 level has been achieved to the downside. The move lower is now likely ahead.
Trade closed: target reached:
The 0.7124 target level has been hit.