Nzdusd has broken its important level of 0.7000 area. This pair can fall more if it stay below 0.7000 area. This pair is facing huge down pressure. So we can stay on down side on this pair. With every retrace we can sell on this pair. Sell zone lies on 0.7030 area, then we can get more sell zone on 0.7200 area. From this level, we can look for sell on nzdusd.
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Weekly Pivot, Support and Resistance
Resistance Two (R2): 0.7336
Resistance One (R1): 0.7152
Pivot Point: 0.7047
Support One (S1): 0.6863
Support Two (S2): 0.6758
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