Home / Forex Analysis / NZD/USD Price Challenges 0.7100 Psychological Level, Bullish Bias Intact

NZD/USD Price Challenges 0.7100 Psychological Level, Bullish Bias Intact

The NZD/USD pair is trapped within a triangle. However, a valid breakout could bring new opportunities. When should we buy the NZD/USD pair? A strong downwards movement could be activated only by a valid breakdown through the median line (ML). The NZD/USD price moves sideways after failing to come back to reach the 0.7170 former … Continued
The post NZD/USD Price Challenges 0.7100 Psychological Level, Bullish Bias Intact appeared first on Forex Crunch.

Read Full Story