NZD/USD has retreated after making high of 0.7760. Overall trend is weak as long as 0.7765 holds. On the lower side minor support is around 0.766 and break below will target 0.7607/0.7550 (138.2% retracement of 0.76075 and 0.77606). Long term trend reversal only above 0.7825 level.
Recommendation: Sell NZD/USD around 0.770, SL 0.7765, Target 0.7551.
Yorumlar
Technician
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You have a structured approach to analysis, good luck