NZDUSD Chart Technical Outlook prints a reversal pattern, 0.6200 a pivot resistance
NZD/USD prints an accumulation phase. A break above 0.6160 opens the door for further gains toward the pivot resistance of 0.6200. Prices failed to test the support zone of the consolidation area – a sign of strength. It printed higher highs and higher lows, with an upside potential. Supports are located at 0.6110 and 0.6080.
