NZDUSD-06/22/2023
Preferred direction: BUY
Comment: The New Zealand dollar has been moving quite confidently towards the local resistance at the level of 0.62359, and it is expected that it will not stay at this level for a long time. Upside potential locates higher at the level of 0.62907. There, with a high degree of probability, the instrument will turn around for a correction. In general, it is relevant now to consider the medium-term Buy-priority.
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Comment: The New Zealand dollar has been moving quite confidently towards the local resistance at the level of 0.62359, and it is expected that it will not stay at this level for a long time. Upside potential locates higher at the level of 0.62907. There, with a high degree of probability, the instrument will turn around for a correction. In general, it is relevant now to consider the medium-term Buy-priority.
Thank you for like and share your views!
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