NZDUSD gained strongly since this morning on H1 chart. Local resistance at 0.7155 was broken without any try to defend itself. Currently price got close to more important resistance at 0.7234 and it is the place where bears started to play.

Price of NZDUSD is dropping for two hours already, currently it is in 0.7220 area. Maybe bulls need to take a little break before attack on the resistance. We have to wait for development of situation in nearest hours. If resistance at 0.7234 will be broken next target will be at 0.7265 area where there is a high from before Brexit results.

TRY IT NOW

NZDUSDH1

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