Bears should be careful now: NZDUSD

For the "chart of the day" the NZD has been my focus, and the 22nd we noted how the NZDUSD looked bearish. The NZDUSD sold off about 2.5% and today reached a very key level of support which bears should take note of. The highs in July 2019 and Sept 2020 were tested today and respected. This has created a possible false breakdown after fresh 2021 lows. Bears should take note of this development, especially if we move back above the .6860 level.