NZD/USD in buyers' territory
The NZD/USD pair was trading at 0.6343 at the time of writing. You already know from my previous analysis that after jumping above the downtrend line, the currency pair was expected to grow.
The minor uptrend line and the 0.6320 represent downside obstacles. On the other hand, the 0.6355 high represents an upside obstacle.
NZD/USD forecast
Jumping and staying above 0.6355 is seen as a buying opportunity. This scenario confirms further growth.
