Joined Nov 2016
Status: Junior Member
The ascending trend NZD/USD — grows risk of achievement of short-term top. Sudden and sharp decrease, of course, doesn't promise yesterday anything good for the current bull forecast for New Zealand dollar (NZD). Delay increases risk of achievement of a short-term maximum, but breakdown 0.7095 will become confirmation. This step will be not surprising if NZD can't return to itself 0.7200 during the next 1-2 days.