NZD/USD Analysis: Breaks Channel

<p>The New Zealand Dollar has declined by 56 basis points or 0.84% against the US Dollar since Wednesday’s trading session. The currency pair tested the weekly pivot point at 0.6622 on Thursday morning. Given that the exchange rate has breached the lower boundary of an ascending channel pattern, bearish traders could target the weekly support […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/315101-nzd-usd-analysis-breaks-channel/">NZD/USD Analysis: Breaks Channel</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *