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UnknownUnicorn15614419
Mar 30, 2021 6:56 AM

NZDUSD: breakout of the trend and the beginning of the fall Short

New Zealand Dollar/U.S. DollarFXCM

Description

In mid-March, the price broke through the resistance at 0.717 and thus left the main uptrend that had been in effect since March 2020. During the fall, the price formed a small almost vertical descending channel, and now we can expect that it will continue falling in this channel and eventually go down to the support zone of 0.678.
SL - 0.712

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Comments
Henry_Ross
+++
Good idea! 🔥
Helical_Trades
Great chart
UnknownUnicorn15614419
InkyGrip
appreciate your idea! Upvoted 🦐
UnknownUnicorn15614419
@plancton0618, Thanks)
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