The new week begins with a trend reversal. One of them is the one at NZDUSD, where we were looking for buy trades till now. Here we already have lower peaks and we expect the downward movement to continue.
The support levels are: 0.7160 0.7137 0.7092
In order to maintain the downward trend, we must not have a break of the previous peak!
If you have questions about how to trade this or another situation, contact us!