FX.co ★ Technical analysis for NZD/USD

NZD/USD

The currency quotes for the pair NZDUSD are shown in the screenshot of the chart. The chart still contains the geometrical constructions from the previous technical analysis.

The pair's quotes tested the dynamic resistance level of $0.6217 at the time of writing. The upward trend that began on 10.10.2022 and reached a local maximum of $0.6278 is not likely to continue any time soon. In other words, mainly lateral movement is anticipated within the chart's boundaries or $0.6100 to $0.6278 for each New Zealand dollar.