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UnknownUnicorn468659

NZDUSD accumulating for drop to new low

New Zealand Dollar / U.S. Dollar (FX_IDC:NZDUSD)  
UnknownUnicorn468659 Updated   
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD
5
0
nzdusd
  • NZDUSD has been bearish for a long time now
  • No reversal signs
  • 1.618 extension on the 61.8% bearish retracement level perfectly matches previous daily support/resistance
Comment:
Another thing I forgot to mention is you might want to grab some profit at the 1.272 extension considering this June's low.

snapshot

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