Technical analysis of NZD/USD 01/30/2020

The NZD / USD currency pair broke through support in the zone of 0.6500, having exceeded the lower border of the rising channel and MA100 in a 1D time frame.
The current technical model gives reason to assume the development of a downward trend and a continued decline to the support area of 0.6200.
Cancellation of the option to continue the decline will be a strong growth above the zone of intersection of lines in the region of the level of 0.6600.

NZDUSD_STPDaily

Created by Joshua Hayn

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