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FX.co ★ Technical analysis of NZD/USD

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Forex Analysis

21 October 2022 at 8:41AM (UTC+0)
iconRelevance until22 October 2022 at 8:35AM (UTC+0)

Technical analysis of NZD/USD

NZD/USD:

Technical analysis of NZD/USD

The chart shows the movement of #NZD/USD on the daily (D1) chart.

Quotes continue to move towards $0.5470 per 1 New Zealand dollar. Most likely, it will reach this level by November 4.

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$0.5470 is a key support level, from which the pair may start climbing towards $0.5958.

Do not to miss this moment, and be careful when entering and exiting the market.

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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