DeGRAM

NZDUSD first - growth, second - fall

Short
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
In early November, the price bounced off the 0.674 support line and broke through the line of the 0.694 ascending channel.
Strong growth ended at the resistance line 0.713.
The price almost touched it, the notes rolled back. This is a correction for growth.
The first thing I expect from the price is the completion of the growth and touching the resistance line.
This is the strong line of 2015.
Each touch with its price reversed the trend.
The next price move I expect is a fall.
In my opinion, the price will come to the upper line of the ascending channel. The target is 0.699.

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