DeGRAM

⚠️NZDUSD false breakout / Fall

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
In my previous forecast, I expected the price to fall from resistance.
I update the idea since the fall really started but only after a false breakout.
The price has been moving in a growing channel since March 2020.
In May 2021, it broke through the resistance line 0.724 (January 2021).
The breakout is false, the price has returned behind the line and continues to fall.
I'm looking forward to falling to support.
Target - 0.706

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Thanks for the support!

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