NZD/USD Technical Analysis Forecast

nzdusd-forex-technical-analysis

Our outlook for the NZDUSD continues to look higher with focus placed on the top of the rising trend line which currently comes in around 0.8435.

With the pair at record highs we could see some consolidation in the coming sessions but would see these as temporary setbacks while indicators remain turned up.

Support levels come it at 0.8315, 0.8245 and 0.8174. Only back below 0.8045 in the upcoming sessions would invalidate the current bullish outlook.

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