The kiwi has dropped all the way to the first target at 0.6850, now trying to form an inverted hammer at a support area.
if the market couldn't break below yesterdays low at 0.6844 and holds there, that might catch buyers intention on the short term, however, i'm still bearish the market as long as it's trading 0.6930.
a break below the 27th of October low at 0.6818, might open up the floor for more downward movement toward 0.6770
if the market couldn't break below yesterdays low at 0.6844 and holds there, that might catch buyers intention on the short term, however, i'm still bearish the market as long as it's trading 0.6930.
a break below the 27th of October low at 0.6818, might open up the floor for more downward movement toward 0.6770