Hello traders, NZD/USD is trading at 0.6996. The price is moving in a downward resistance and support channel, after reversing from resistance level it can start a new down trend. The entry price for the pair is at 0.6984, first target is at 0.6949 and second target price is at 0.6910.

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Rishikesh Lilawat
FibonacciNZDUSDnzdusdanalysisnzdusdideanzdusdshortnzdusdshortsetupSupport and ResistanceTrend Analysis

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