NZD/USD - Break above 0.7337 calls for rally to 0.7872

77
NZD/USD continues to rally nicely within the large ascending trend-canal. A break above resistance at 0.7337 will confirm that wave iii/ of iii towards at least 0.7872 is developing.

Support is now seen at 0.7215, which should be able to protect the downside, for the expected break above 0.7337.

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.