Bearish NZDUSD Targets to Know

jsaetteleの投稿
Kiwi broke below the trendline that originates at the 5/15 low. The underside of this line should provide resistance now near .6700. The next downside level of interest is the line off of the 6/30 and 8/20 lows near .6550 although .6370/80 looks like a magnet. This is the former 4th wave support shelf (6/15 low) and VWAP from the March low and 2020 VWAP (see scandex.com for that chart and more).
Trend Analysis
jsaettele
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: krilogy.com/

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