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 a 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. We should see bears in game soon.
The Analysis has been done with the Black Widow system.