UnknownUnicorn3249870

More room to drop for NZD/USD

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
We can see price is in ascending channel in 1H chart. NZD/USD has been failed to break through key resistance line in Daily chart and we believe when this ascending channel is broken then price will continue to fall.
MACD shows us that there is no signs of slowing down and also RSI and Stochastic is not in oversold area.

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