NZD/USD: kiwi is going to attack

NZD/USD: kiwi is going to attack

On the NZD / USD daily chart, the bulls reached the resistance of 0.7345 (78.6% of the long-term downward wave). A successful break of this level will allow the New Zealand dollar to continue its rally and fulfill target 113% in the Shark pattern.


On the NZD/USD hourly chart, the quotes moved beyond the triangle and there is a break of the upper border of the consolidation range in the Splash and Shelf pattern. A successful test of the June high will allow Bulls to continue their rally.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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