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UnknownUnicorn15614419

NZDUSD: three touches of resistance - three falls?

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
UnknownUnicorn15614419 Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis NZDUSD short sellsignals Forex
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trendanalysis nzdusd short sellsignals forex
In February, the price bounced off the resistance of 0.746 (the line of the main growing turnle since March last year) and began to fall. During the fall, a channel was formed. The chart shows how after each touch of the resistance line (Fall 1.2) the price collapsed to the support line. Now the price is at the resistance 0.706 and can be expected to fall to support 0.676 (strong zone).
SL - 0.717.

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Thanks for the likes and comments.
Comment:
1.
NZDUSD: return to the channel and growth in the channel
2.
NZDUSD: breakout of the trend and the beginning of the fall
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