NZD/USD Insights
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Over the past few months the price have been consolidating in a BOX Zone(Highlighted Pink), the recent breakout movement have been hit by a healthy retracement, I do expect price to resume its bullish momentum.
Do take note of the nice trendline which will be acting as an resistance to break which will validate this insight.
Do take note of the nice trendline which will be acting as an resistance to break which will validate this insight.
Nota
NZDUSD Approaching strong resistance at around 0.713x. If you wish to long, wait for a healthy retracement before entering near the trendline.
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