NZD/USD Technical Analysis.
Currently, NZD/USD is trading at 0.6444. The pair started a new up trend on 19th May and after touching the resistance level the price is moving towards its support level. It may start a new down trend if it breaks the support level at 0.6444, then its first target will be at 0.6245 and second target will be at 0.6122.
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Rishikesh Lilawat
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat