0.70070 is a really strong resistance area, I believe that it will go down from there...Also, DXY is still bullish.
After breaking out of the trend, NZDUSD needs one last pump to gain liquidity for a heavy bearish continuation, it might seem like a false breakout to many that went go long on it, but it's really not, it will melt like mustard.
Ps. if you're looking for a zero drawdown trade this might be it, also IM NOT A FINANCIAL ADVISOR, DO NOT BUY OR SELL BECAUSE OF MY ANALYSIS.
After breaking out of the trend, NZDUSD needs one last pump to gain liquidity for a heavy bearish continuation, it might seem like a false breakout to many that went go long on it, but it's really not, it will melt like mustard.
Ps. if you're looking for a zero drawdown trade this might be it, also IM NOT A FINANCIAL ADVISOR, DO NOT BUY OR SELL BECAUSE OF MY ANALYSIS.