NZDUSD Chart Technical Outlook builds a Wyckoff redistribution structure, 0.6030 in sight
NZD/USD recent bias is bearish. Prices have been consolidating for two weeks. This could be a Wyckoff continuation structure ‘re-distribution’. A firm break below 0.6060 confirms the bearish momentum. Bears would target 0.6030 and then the pivot level 0.6000. Resistances are located at 0.6090 and 0.6130.
