Due to the news of New Zealand's interest rate, we see that the value of the New Zealand dollar has faced a decrease in value against most currencies. As you can see in the above chart, the value of the pound has also increased against this currency, and I have shown in the chart that if the trend weakens If this currency continues in the range of 1.1200, we will have the possibility of a price reversal, of course, from a technical point of view, and it is possible that the price will fall even earlier, and we must monitor the area between 1.1150 and 1.1200 to enter the short trade.
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