NZDUSD Chart Technical Outlook

NZDUSD Chart Technical Outlook projected barrier at 0.5944, Although we have seen a stalling in bullish price action close to my bespoke resistance level of 0.5930, I can see no technical reason for a change of trend.
The next significant upside barrier is located at 0.5944. A dip lower from this level would give an opportunity to get long and trade within the CD leg of a Bat formation.
The lack of economic data releases could result in choppy intraday price action today

We will be happy to hear your thoughts

      Leave a reply

      error: Content is protected !!
      Compare items
      • Total (0)