NZDUSD good SELL SIGNAL

Since July, the price has been moving within the boundaries of two lines: resistance and support, which were formed in the spring of 2020.



At the auction yesterday, the price touched the resistance line, rolled back a little and now price again has almost come close to the this line thereby entrenched on it. And this is a good signal to open a sell trade! In this case, SL should be installed slightly above the resistance line. TP - at the support line.