NZDUSD Looks To Recover Further Higher Towards The 0.6465 Zone.
NZDUSD the pair closed further higher on Monday leaving risk of more strength in the days ahead. Support lies at the 0.6400 level where a break will turn attention to the 0.6350 level. A break of here will have to happen to create scope for a move higher towards the 0.6300 level. Further out, resistance resides at the 0.6250 level. Conversely, resistance stands at the 0.6500 level. Further down, the 0.6550 level comes in as the next downside target and then the 0.6600 level. Its daily RSI is bullish and pointing higher suggesting more gain. All in all, NZDUSD faces further upside threats in the days ahead.
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