Get started
Munrai

NZDUSD - Bouncing within a horizontal channel

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
Munrai  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Parallel Channel
2
1
parallelchannel
NZDUSD looking like a bounce of the lower horizontal resistance 0.59219, similar to AUDUSD, the price has now broken previous day highs and looking like long for a test of the 0.60698 and maybe even the 0.61308 upper resistance level.

Disclaimer

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.