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New Zealand Dollar / U.S. Dollar

NZDUSD Outlook

By BartBoFX
NZDUSD #NZDUSD we have recently observed a price break from the inheritance wedge formation. The break from this formation did not reach the price to the upper limit of 0.6624. Resistance determined by the upper limit of the inheritance channel. The price is now close to the level of 61.8% Fibonacci, and the support set by the horizontal line.
FibonacciNZDUSDnzdusd4hrnzdusdanalysisnzdusdforecastnzdusdoutlookSupply and DemandSupport and Resistance
BartBoFX
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