NZDUSD Chart Technical Outlook trading within the bullish BC leg
The single currency baskets offer no correlation bias. The intraday timeframe highlights a bullish Bat formation completing close to 0.6086. This would suggest we are currently trading within the unpredictable BC leg to the upside. It should also be noted that bears will face substantial barriers with a confluence support zone located between 0.6151 and 0.6138.
