NZD/USD – Price Could Drop Lower
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.