NZD USD on Key Point
NZDUSD make high of 0.6576 after breaking neck line of inverse head and shoulder and created a bulish channel on daily time frame, uper line of channel is now resistance area for this pair at 0.6580 to 0.6590 area.
Now NZD USD is expected to bounce from this point and support area is 0.6440 to 0.6450.
On the other hand because of invers head and shoulder it is quite possible NZD UDS successfully can break the area of 0.6580 then next resistance will be at 0.6660 area.
Now NZD USD is expected to bounce from this point and support area is 0.6440 to 0.6450.
On the other hand because of invers head and shoulder it is quite possible NZD UDS successfully can break the area of 0.6580 then next resistance will be at 0.6660 area.
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