NZD/USD Facing Resistance At 61.8 Fib

NZD/USD is in downtrend. Bearish momentum and trend should continue.

The NZD/USD is facing resistance at 61.8 Fibonacci retracement. It is also previous support now resistance and order block. Bearish 1h candle close should imply bearish continuation move. Targets are D H3 – 0.7058 followed by D L3 – 0.70107 (UUP). We should see bears in game soon.

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