NZDUSD Technical Outlook
NZDUSD reached the lower band of its rising channel and now we expect the bulls to gain the upper hand here and the push the price up. Risk of shorting the kiwi is extremely high and we think if the bulls can break the descending channel, kiwi will rise to the 8750 - 8800 area.
Related publications
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.