NZDUSD SHORT 05-08-23

NZDUSD on down trend. based on last trendline in mind going short her would be ideal .
thanks

Comment:

initial Target 0.60608 .
NZ Govt now intervein into NZD's Falling Value. Now Govt pumped up 500 mil in RBNZ to Back up NZD Value. we will See NZD Hovering around 0.68 to 0.70 soon.

Cheers

Comment:

bit more downside expected. buy sentiment touching soon.

Comment:

downside continue as looking like this will touch 0.55 in coming week