As expected in the previous review, the NZD/USD currency pair continued the downward movement, after a small stop near the periodic level of 0.7340. Now, there is a fixation below the value of 0.7340, while maintaining a "bearish" interest. There will probably be a further movement within the limits of the move to 0.7300 / 0.7250. In the event that the development of the periodic level of 0.7340 is delayed, we will see a bump at 0.7220 / 0.7340.
Key Levels
Resistance zones: 0.7340 *; 0.7430; 0.7550.
Support zones: 0.7250; 0.7180
* Periodic level
Draw your attention: Predictions are not a direct guide to action!
