UnknownUnicorn15614419

NZDUSD: fall in the range of resistance and support levels

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
After the price broke through the 0.710 support level in mid-April, it continued to move between this level and the resistance line - the trend line of the growing channel formed in March 2020. Now the price is at the resistance line 0.730 and can be expected to fall and return to the level of support at 0.710.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.