The image shows a candlestick chart of the NZD vs USD

The image shows a candlestick chart of the New Zealand Dollar vs. the US Dollar (NZDUSD) on October 5, 2024. The chart is for a 2-hour timeframe and is provided by OANDA. The current price is 0.61586. The chart shows the price action from the 16th to the 15th. It shows the currency pair trading within an upward channel. The blue arrow is pointing up, indicating that the price is likely to continue moving higher. The orange line represents a support level, which is a price level where buying pressure is expected to increase. The red dotted line represents resistance, where selling pressure is expected to increase.