NZDUSD made correction/ Fall

2021년 1월 28일

At the beginning of the month, the price broke through the 0.678 support level and rose strongly.
Recently, the price touched the resistance 0.731.

A strong resistance line that began to form in 2009.
The only breakdown of the line occurred in 2018 (around 0.686).
The last touch of the 0.694 line (in March 2019) caused the price to collapse.
After the price touched the strong resistance 0.731 at the beginning of the month, it began to fall.
The price has worked out the correction and I expect the fall to continue.
She will come to a support level.
The target is 0.678.

--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!