NzdUsd- 0.7 zone is a strong sell

29 בספט׳ 2021

After consolidating around a week above the important 0.7 figure, NzdUsd has broken below, confirming the continuation of the recent down trend.
At this moment the pair is trading in the support zone and we can have a small rebound.
This corrective rally can be a good opportunity for bears to open short positions slightly under 0.7