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FX.co ★ Technical analysis of NZD/USD

Technical analysis of NZD/USD

NZD/USD:

Technical analysis of NZD/USD

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

Comparing the recent movement to that of the previous ones, it is clear that there was a correction towards the key support level of 0.6262. The trend will remain bullish and the quote will continue to go towards 0.6435 as long as 0.6245 remains a support level. Its breakdown will change the current trend.

Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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