Allmypips

Downside Correction on weekly base towards Support 0.6580$

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Allmypips Uppdaterad   
FX:NZDUSD   Nyzeeländsk dollar/USA-dollar
Yesterday's fall led to the formation of the "absorption" pattern of the daily level. The downward movement will aim to return to the upper limit of the average move of the previous week, located at the level of 0.6740/50$
Price hit back to resistance and expecting coming days correction downside If price closed below 0.6760/80$, the target of the decline will be the weekly short-term price of 0.6636-0.6621. A test of this zone will cause the price to go more downside towards support 0.6520$

🛑SUPPORT/RESISTANCE
✅S1= 0.6650
✅S2=0.6530
✴️R1=0.6760
✴️R2=0.6820
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