NZDUSD currency pair reached resistance area between 0.7220 – 0.7240. There also appeared a supply response, as a result of which was formed yesterday bearish candle with a wick testing mentioned resistance.
You can now look for opportunities to sell. These in turn may appear, eg. on the local resistance around 0.7204, if of course the price will return to the area and test them effectively.The next target for such a scenario is located in the vicinity of the recent hole between 0.7145 – 0.7133.
