Double top add 0.618 ratio mode
On the daily chart, NZDUSD formed a double top pattern and then rebounded 0.618 before falling again. The short-term bearish trend is dominant. At present, attention can be paid to the resistance near 0.6080. If the rebound encounters resistance, consider continuing to sell. The downward target is around 0.5980.
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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.