NZDUSD Channel broken. Bearish view below 0.69
Recent short term uptrend ended with channel break.
Price hit 0.5 Fibo retracement very fast.
If price fails to return above 0.69, downside will be very probable.
Bearish view is in line with long term trend.
Pending short order at 0.6894.
SL above yesterday high.
Target 0.6818
Price hit 0.5 Fibo retracement very fast.
If price fails to return above 0.69, downside will be very probable.
Bearish view is in line with long term trend.
Pending short order at 0.6894.
SL above yesterday high.
Target 0.6818