NZDUSD forms a long-term bullish channel. Last week it tries to achieve new higher highs but the momentum is not very strong. The price bounced at 0.68692 level and now trying to break the previous highs to continue its bullish trend. The 0.69934 level serves as a strong resistance level which made a double top last week. If the price fails to break the 0.69934 level and forms a triple top, there will be a higher chance that the price will rally to the bottom of the channel near the 0.68036 level to retest it.
Key Levels
0.69934
0.68692
0.68036
Key Levels
0.69934
0.68692
0.68036