NZDUSD reversal in RESISTANCE zone and FALL

26 lut 2021

In mid-February, the price bounced off the 0.715 support line and began to grow. During the strong growth, it was able to consistently break through first the support line 0.727 and then the level of 0.742. Then it stopped at the strong resistance line of October 2018.

From this point, the price reversed and began to fall. She has already broken through the level during the fall and is now on her way to strong support lines. And I expect it to continue falling and eventually come to the support line at 0.720.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻