NZDUSD growth in three stages

٢٥ مارس ٢٠٢١

Today we will consider the next step of price movement.
At first, the price rose from calling support into the resistance zone.

Then from the resistance began to fall.

The price continues to fall today.

The price has been falling in a small channel since the end of February.
The price returned to the channel, breaking through the resistance of 0.720.
Price:
- will fall to support (the bottom line of the growing channel) 0.690.
- will start to grow and correct at the level of 0.709.
- will rise to resistance.
The target is 0.732.

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