Mihai_Iacob

NzdUsd at confluence resistance

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The things are clear fo NzdUsd, after the double top at 0.68, the pair dropped to 0.65 support and now is in a small recovery...
The pair is facing strong confluence resistance now (neckline and trend support, now resistance) and I believe a new leg down is on cards for Kiwi for the next sessions.
The first target for sellers is 0.65 support but the pair can drop further to 0.64 important support

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