⚠️ NZDUSD fall and leave the channel
My last forecast came true.
The price bounced off the 0.695 support and rose to the 0.705 resistance.
In early March, the price returned to the growing trend, breaking through the resistance line at 0.720.
After that it consolidated in the area of 0.724.
After consolidation, the price collapsed to the lower trend line, support at 0.694.
During the fall, a small channel was formed and now the price is at its upper border - resistance 0.706.
I expect to fall from this line.
The target is 0.677.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The price bounced off the 0.695 support and rose to the 0.705 resistance.
In early March, the price returned to the growing trend, breaking through the resistance line at 0.720.
After that it consolidated in the area of 0.724.
After consolidation, the price collapsed to the lower trend line, support at 0.694.
During the fall, a small channel was formed and now the price is at its upper border - resistance 0.706.
I expect to fall from this line.
The target is 0.677.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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