fxpremiere

#NZDUSD on the uptrend

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
#NZDUSD
First, at the end of February, the price broke through the resistance line at 0.730, and after returning to the trend, it collapsed and now made a false breakdown of the support line at 0.719. This line has been in use since June 2020.

The price has already tried to break through it, but it still returned to the trend. Therefore, now I expect that first of all the price will break through the line during the growth, then fix on it and continue to grow within the trend. I expect the price to rise to the 0.731 resistance line. This will be our goal.

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