Nzd/Usd Price Action Outlook

Hello Price Action Traders.

Nzd/Usd

The kiwi has demonstrated remarkable strength in the last period starting from support at 0.7710 to arrive today at 0.8240 passing with no problem through the 0.8100 key resistance level. All this was done in a little more than two weeks, confirming strenght on the New Zealand dollar. The best thing to do now is to wait for a price retracement towards ex resistance level ( 0.8100 ) that could act as support, here it will nice to look for price action LONG trading signals.

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