Preferred direction: BUY
Comment: Once again, we are considering the New Zealand dollar together with the Australian dollar, well, this is not surprising given their high correlation. Here, too, a recovery is expected in the medium term, but not everything is so simple, and still, before growth, there will most likely be updates to local lows. A more optimistic scenario is exactly what it looks like and can be found on the chart within scenario №1.

Scenario №2 is more aggressive on the part of the seller, and here it would be best to look for long-positions at the support level of 0.59018. Above the level of 0.60713 the target is not considered.


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