NZD/USD Technical analysis

The price of NZD/USD currency pair continue to move within the ascending channel. At the moment, there is an attempt to test the lower border of the channel near the level of 0.6970, with further continuation of the pair’s growth above 0.71.
In favor of the pair growth will be a test of the support line on the RSI indicator. Cancellation of the growth will be a fall and a breakdown of the level of 0.6930, which will indicate the breakdown of the channel’s lower border and the continuation of the quotes’ fall.

NZDUSD_STPH4

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