As for New Zealand dollar, we have a broken ascending channel, which has been already tested once by a currency pair. Let’s try to sell an asset for a second time away from this broken channel.
According to preliminary data, Sell Limit 0.7255, Stop Loss 0.7340, Take Profit 0.7000.
As for British currency, we have a descending channel, which has been drawn in the three points + broken ascending channel:
Let’s have a look at 4-hour chart. There is an option to sell the pair aiming at reaching the level 1.2050 in crossing point of the abovementioned trendlines at horizontal level 1.2315. Here, we should wait for the candlestick patterns to form or take a risk and place a limit order with Stop Loss of about 60 to 70 points.