NZDUSD Weekly Forecast
June’s close back inside of this wedge pattern confirms that the March selloff was nothing but a false break below a multi-year support level.
And a false break to one side of a pattern often triggers an extended move in the opposite direction.
That could push NZDUSD higher in the coming days and weeks.
However, buyers first need to secure a close above 0.6550.
That’s the approximate location of the multi-year wedge resistance.
A close above that would open the door to 0.6700.
Key support for the week ahead comes in at 0.6380.
And a false break to one side of a pattern often triggers an extended move in the opposite direction.
That could push NZDUSD higher in the coming days and weeks.
However, buyers first need to secure a close above 0.6550.
That’s the approximate location of the multi-year wedge resistance.
A close above that would open the door to 0.6700.
Key support for the week ahead comes in at 0.6380.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.