A breach above multi-month downtrend resistance has Kiwi testing fresh three-month highs. Here are the targets & invalidation levels that matter on the NZD/USD charts.
Recent price action in NZD/USD raises the risk for a larger correction as the exchange rate snaps the series of lower highs & lows carried over from the previous week.
New Zealand Dollar is up nearly 5% off the yearly lows with price now targeting key slope resistance. Here are the levels that matter on the NZD/USD weekly chart.
