Today New Zealand employment data shows that the jobless rate has risen in the first Quarter. On chart H4, I observe NZDUSD had been rising steadily before reaching the resistance at 0.70534 and currently drops to as low as 0.68915. ADX is 31.11 along with DI- staying above DI+, suggesting bearish market. I expect the pair to fall further, so Iím going to sell and take profit at 0.68337.
No announcement yet.
NZD/USD, good sell?