NZDUSD

١٨ أغسطس ٢٠٢٠

Price is at channel resistance but has formed a cup and handle formation at that level indicating a continuation of the uptrend. Price found support at the 50DMa which caused a strong bullish rejection at that level. if price were to contiune higher then price will have to break through the handle resistance at the 0.6640-0.6650 level. a break and close above this level will should force more upmove for price to the 0.6800 level and 0.7030 level after that.