NZDUSD May Retrace From Key Resistance

2019-12-05 14:31:03

https://www.tradingview.com/x/rvXa6cLt/

hey traders,

NZDUSD has reached the next level of resistance.
we see a perfect match of horizontal structure/rising upper boundary of the channel/0.618 fib retracement level.
+ take into account rsi overbought with divergence.

I believe that there is a high chance to see the retracement from the identified level.
Target levels will be:
0.650
0.645