Here I explain why NZDUSD could be on its way down to retrace some of its recent moves to the upside to 0.71000 or even further at 0.70000. We are very extended on the higher timeframes and a retrace could be happening soon for this pair.
Leave a comment if you agree, disagree or have any questions
Break of resistance I see the pair going long to 74
Break of major support zone of 70 I see the pair down to 68