The NZDUSD is under selling pressure since it's trading below the Daily Trendline
It continues to the downside after USD extended FED fuelled rally on Thursday
If price remains below the trendline and the stochastic line remains below the signal line in the H4 timeframe..we shall continue to take sells.
The pair however might find support at 0.655 0.650 0.648
If the pair decides to trade above the trendline,it might find resistance @ 0.667 0.680
0.69
It continues to the downside after USD extended FED fuelled rally on Thursday
If price remains below the trendline and the stochastic line remains below the signal line in the H4 timeframe..we shall continue to take sells.
The pair however might find support at 0.655 0.650 0.648
If the pair decides to trade above the trendline,it might find resistance @ 0.667 0.680
0.69