HomeContributorsTechnical AnalysisNZD/USD Much Below the 0.7484 Swing High

NZD/USD Much Below the 0.7484 Swing High

NZD/USD stays higher and could hit new highs in the upcoming days if the USDX will stabilize below the 94.00 psychological level. Price rallied aggressively in the last days and jumped above the 0.7375 obstacle, the next upside target is at the 0.7484 swing high. Maintains a bullish perspective as long as is located above the fourth warning line (WL4), could come down to retest the broken resistance (resistance turned into support) before will climb much higher.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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