NZD/USD – Price Could Drop Lower
Updated
Looking at the NZD/USD on this 30-minute chart, the price recently hit a ceiling near 0.63600 and started heading down. It’s been bouncing around in a range, but it looks like it could keep dropping. The blue line shows a possible path, with the price maybe heading down toward the 0.6240 support zone.
The target is between 0.6240 -0.6222
The target is between 0.6240 -0.6222
Note
The pair is under pressure and approaching target. Setup still validTrade closed: target reached
TARGET HIT
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