NZD weekly technical analysis

The New Zealand dollar is moving in a descending price channel, we expect a corrective ascending wave from the support area at 0.6688 levels, to target the resistance area at the upper channel wall at 68.17 levels, from which we expect the top of the week to form and target the second support area at 0.6559 levels, from which we expect the bottom of the week.
But in the event that a day candle closes above the resistance area at 68.53, then we expect the beginning of an upward and upward trend to form, targeting the resistance levels at 0.7080 levels.

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