NZD/USD i favour downside...
NZD/USD has been real lying ever since breaking a descending trend line. However it has found resistance at historical resistance plus a weekly 50% fibonacci zone represented with the yellow line. This led price to fall and break a daily ascending trend line it has been following for some time, we also witnessed a pin point retracement of this broken trend line. Our next downside target is set at 0.65952 and the green zone.
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