As we clearly see, NZDUSD has built up momentum back to the previous daily resistance. Would could happen?
As this is a known area of resistance, we could see price dip below from here.
However, even if price could continue to move up, we could see multiple stalls at the level before a final break above it.
We're waiting for price action to develop at this key region before picking up directions.
As this is a known area of resistance, we could see price dip below from here.
However, even if price could continue to move up, we could see multiple stalls at the level before a final break above it.
We're waiting for price action to develop at this key region before picking up directions.
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