NZDUSD currently neutral but one to watch
NZDUSD
Last week we broke out support trendline to come meet our resistence level at 0.67192 before a nice 45 pip rally to retest the the support turned resistence.
There is news coming out on NZD pairs on Tuesday so we will watch this pair to see what it does. It is looking like either we will retest our support and reject the resistance before continuing to the upside, or we will brake through resistance and have a nice rally towards last weeks weekly high. Add to your watch list
Last week we broke out support trendline to come meet our resistence level at 0.67192 before a nice 45 pip rally to retest the the support turned resistence.
There is news coming out on NZD pairs on Tuesday so we will watch this pair to see what it does. It is looking like either we will retest our support and reject the resistance before continuing to the upside, or we will brake through resistance and have a nice rally towards last weeks weekly high. Add to your watch list
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