NZDUSD growth in three stages
Today we will consider the next step of price movement.
At first, the price rose from calling support into the resistance zone.
Then from the resistance began to fall.
The price continues to fall today.
The price has been falling in a small channel since the end of February.
The price returned to the channel, breaking through the resistance of 0.720.
Price:
- will fall to support (the bottom line of the growing channel) 0.690.
- will start to grow and correct at the level of 0.709.
- will rise to resistance.
The target is 0.732.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
At first, the price rose from calling support into the resistance zone.
Then from the resistance began to fall.
The price continues to fall today.
The price has been falling in a small channel since the end of February.
The price returned to the channel, breaking through the resistance of 0.720.
Price:
- will fall to support (the bottom line of the growing channel) 0.690.
- will start to grow and correct at the level of 0.709.
- will rise to resistance.
The target is 0.732.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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🔻FREE Telegram channel🔻
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