NZDUSD extends gain on strong rally as it retains its corrective recovery. Resistance comes in at the 0.6450 level where a break will turn attention to the 0.6500 level. A break of here will have to happen to create scope for a move higher towards the 0.6550 level. Further out, resistance resides at the 0.6600 level. Its daily RSI is bullish and pointing higher suggesting further upside pressure. Support stands at the 0.6400 level. Further down, the 0.6350 level comes in as the next downside target and then the 0.6300 level. All in all, NZDUSD faces further upside in the days ahead.NZDUSD extends gain on strong rally as it retains its corrective recovery. Click To Tweet
Get More Power Over Your Trading With Less Hassle
FXTechstrategy delivers powerful buy/sell trade ideas with stop losses, price targets and super-easy analysis to help you improve your results
GET MORE POWER OVER YOUR TRADING WITH LESS HASSLE
The Award-Winning Analysis Solution for Forex & Commoditidy Traders
Your trading, made easier
Get 15+ super-easy trade ideas with powerful daily analysis and easy-to-understand strategy eBook
Stay on top of every move with price action to help you make easier, faster, and more accurate trading decisions.
Whether your strategy is for day trading or swing trading FXTechstrategy analysis fits in seamlessly with no hassles.