NZD/USD broke out of a falling wedge pattern and now appears to have broken out of the corresponding channel. The rate remains above the 100 SMA. These are bullish indicators for the NZD/USD pair.
As long as these conditions hold, the NZD/USD is bullish and we will remain long.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.