NZD/USD Price Analysis: Bulls regain strength, technicals and daily movements signal more gains – FXStreet
The New Zealand Dollar/US Dollar (NZD/USD) pair has seen a resurgence in bullish momentum, with technical indicators and daily movements suggesting further gains ahead.
Bulls have regained strength in the NZD/USD pair, pushing the currency pair higher in recent trading sessions. Technical analysis shows that the pair is likely to continue its upward trajectory, with key support levels holding firm and resistance levels being breached.
Daily movements in the NZD/USD pair also signal more gains on the horizon. The pair has been trading within a steady uptrend, with higher highs and higher lows being formed. This indicates that buyers are in control and are likely to push the pair higher in the coming days.
Overall, the NZD/USD pair is looking bullish, with technical indicators and daily movements pointing towards more gains in the near future. Traders should keep a close eye on key support and resistance levels to gauge the strength of the current trend.