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NZDUSD technical analysis 23..09.2020

NZDUSD 

The pair is trading at the neckline of the "double top" reversal pattern, remaining under pressure following the RBNZ monetary policy decision, while the US dollar gains as a safe haven currency.

Technical side:

The price is located below the middle Bollinger band, below SMA 5 and SMA 14. RSI has entered the oversold zone. Stoch are also in it.

NZDUSD rate online: monitor the price movement in real time.

Trading recommendations:

Sell the pair after it crosses the level of 0.6600 with a probable drop to 0.6515.

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