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FX.co ★ Technical analysis of NZD/USD

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Forex Analysis:::2022-07-26T08:28:54

Technical analysis of NZD/USD

NZD/USD:

Technical analysis of NZD/USD

The chart shows the movement of NZD/USD in the four-hour (H4) chart.

The resistance level of 0.6262 is a key fork in the emerging trend. A rebound from the current values is possible, most likely towards the resistance level of 0.6200.0, the breakdown of which will lead to a further decrease to $0.617.0 per New Zealand dollar.

In the event of a breakdown of the resistance level of 0.6262, the pair will move towards 0.6366.

Analyst InstaForex
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