#NZDUSD 20 04 2021
As we expected last time, after the price dropped to the 0.694 support level, bounced off it and fixed at the 0.701 line, it started a new growth stage. Let me remind you that all this movement takes place within an uptrend, which was formed in March 2020 and into which the price returned after it broke through the resistance line 0.723. Now, I expect that after fixing at the support line at 0.701, the price will continue to rise and first of all touch the resistance trend line at 0.737. Then it will turn around and return to the fall. So my final target is the 0.713 support line and resistance Level
As we expected last time, after the price dropped to the 0.694 support level, bounced off it and fixed at the 0.701 line, it started a new growth stage. Let me remind you that all this movement takes place within an uptrend, which was formed in March 2020 and into which the price returned after it broke through the resistance line 0.723. Now, I expect that after fixing at the support line at 0.701, the price will continue to rise and first of all touch the resistance trend line at 0.737. Then it will turn around and return to the fall. So my final target is the 0.713 support line and resistance Level