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Analyzing Currency Trends: Potential Upside Amidst USD Weakness

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
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OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Support and Resistance Pivot Points Contains image
2
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trendanalysis supportandresistance pivotpoints containsimage
Hello Everyone,

The three-month low is recorded at 0.577335, coinciding with a newly established monthly low of 0.608825. Considering the anticipated weakening of the USD in the coming future, there is potential for an upward trend. An initial sign of this would be the ability of the price to remain above the 1D PP.



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