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14.11.202210:48 Forex Analysis & Reviews: Technical analysis of NZD/USD

NZD/USD:

Exchange Rates 14.11.2022 analysis

The chart shows the movement of #NZD/USD on the daily chart (D1).

At the time of writing, quotes are near the resistance level of 0.611. There is a chance that it will correct towards 0.600 in the following days, as shown in the chart (solid blue line).

But if the key resistance level of 0.611 is broken, the pair is likely to grow further to 0.6235.

Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Daniel Liderman,
Analytical expert of InstaSpot
© 2007-2024
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