Today, the NZD/USD pair is trading mainly with a decline from $0.6890 to a 7-month low of $0.6845. On the hourly chart, the pair fell below the moving average line MA (200) H1 ($0.6980) and on the four-hour chart - below MA (200) H4 ($0.7075). Based on this, it is probably worth sticking to the southern direction in trade, and perhaps you should look for exit points for sale.
⦁ Resistance levels are: $0.6960, $0.7000-15, $0.7050
⦁ Support levels are: $0.6860-75, $0.6805, $0.6750
The main scenario for the pair's promotion — the pair may decline to $0.6805 (April 19-20 low)
An alternative scenario — breakout of the session high of $0.6890 and there may be an increase to $0.6960-80 (November 23 high, MA (200) H1)
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