NZD/USD Imminent Breakout!
The NZD/USD pair ended its temporary decline right above the uptrend line without touching it. Failing to retest the uptrend line signaled that the buyers are very strong. Now, it's almost to reach 0.6810 former high which represents an upside obstacle.
Technically, as long as it is trading above the uptrend line, the NZD/USD pair could resume its upwards movement. Passing above the former high could announce further growth.
NZD/USD Trading Conclusion!
The currency pair could extend its growth if it jumps and stabilizes above 0.6810 former high. 0.6886 higher high represents the next upside target.
