Weak USD has led to a rally in NZD/USD and it has reached the resistance level. However, I expect the price to drop very soon. I will be putting sell in NZD/USD between 0.6510 to 0.66 area with Stop losses above the weekly resistance at 0.67.
I am looking at the 0.63 area as the first target for the sells.
I am looking at the 0.63 area as the first target for the sells.
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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.