traderpulse

NZD/USD Technical analysis

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
After a spike from the lower levels, NZD/USD is currently in an ascending triangle pattern.
It suggests the strength of the trend. Hence we expect the pair to move to the resistance at 0.69385.
However, we recommend traders to take positions only after the bullish breakout ensues.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.