NZD/USD broke key resistance level 0.7370

NZD/USD broke key resistance level 0.7370

  • NZD/USD broke key resistance level 0.7370
  • Next buy target - 0.7480

NZD/USD has been under strong bullish pressure lately – following the earlier breakout of the key resistance level 0.7370 (which had reversed the price sharply in November and February, as can be seen from the daily NZD/USD chart below). The breakout of the resistance level 0.7370 accelerated the active minor impulse wave – which belongs to the impulse (1) of the primary upward impulse wave ③ from the start of May. NZD/USD is expected to rise to the next buy target at the next resistance level 0.7480.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera