FX.co ★ Technical analysis of NZD/USD

NZD/USD:

The chart shows the movement of NZD/USD in the four-hour (H4) chart.

The resistance level of 0.6262 is a key fork in the emerging trend. A rebound from the current values is possible, most likely towards the resistance level of 0.6200.0, the breakdown of which will lead to a further decrease to $0.617.0 per New Zealand dollar.

In the event of a breakdown of the resistance level of 0.6262, the pair will move towards 0.6366.