The legend in the InstaSpot team!
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NZDUSD has broken out and below the consolidation range and provided us with a bearish signal. In our previous analysis we noted that NZDUSD was vulnerable to a move lower and the most probable scenario would be for price to push towards 0.67. Our first target was 0.6825. It was achieved today.
Red lines - Fibonacci extension targets
NZDUSD gave us a bearish signal once 0.69 was broken. Our first target was 0.6825 and it was achieved earlier today. Trend remains bearish. We continue to expect price to move lower towards 0.67 which is our next target. Any bounce is considered a selling opportunity.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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