DeGRAM

⚠️ NZDUSD fall from resistance line

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Since my last forecast on April 15, the price has gone up and down.
As a result, now it is again in position 0.717.
I continue to expect that the price will first rise from this point and then fall to support.
The price is in a growing channel.
Last week it broke through the support at 0.709 and continued to rise.
I expect the price to touch the resistance (Jan 2021) 0.725.
After which it will push off and return to support.
The target is 0.707.

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