NZDUSD – More Bulls in the Kiwi?

06 Feb - NZDUSD Daily

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Hi all,

Just a quick update on the NZDUSD as I’ve been watching this pair for awhile now. Although there is a long term ascending triangle, the shorter term upward channel (Green arrows) looks pretty bullish.

It’ll be nice if we get a clean break above the current resistance – around 0.846. Meanwhile, I’ll have my cup of tea and continue to watch.

Thank you and happy trading.

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