NZD/USD reversed from resistance level 0.7000

NZD/USD reversed from resistance level 0.7000

  • NZD/USD reversed from resistance level 0.7000
  • Next sell target - 0.6800

NZD/USD recently reversed down from the former strong support level 0.7000 (which reversed the price with the daily Morning Star at the start of April, as can be seen below) – acting as resistance level after it was broken earlier this month. NZD/USD is expected to fall further toward the next sell target at the next support level 0.6800 (former multi-month low from November of 2017).

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