NZDUSD forming a top?

10月1日

NZDUSD - 24h expiry

Price action looks to be forming a top.
Short term RSI is moving lower.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 0.6275 will confirm the bearish momentum.

We look to Sell at 0.6300 (stop at 0.6330)
Our profit targets will be 0.6220 and 0.6205

Resistance: 0.6300 / 0.6315 / 0.6325
Support: 0.6275 / 0.6250 / 0.6225

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