NZD/USD Price Analysis: Bulls move in and take on 0.6400 with 0.6420 key resistance eyed NZDUSD Technical Analysis
ears into the market at key support, taking trapped bulls for a ride to 0.6900 and then 0.6870 lows. NZD/USD has mirrored the Aussie in this regard and the following illustrates the prospects of a move higher before the next slide.Assuming the price is on course for the trendline resistance, the W-formation is compelling in this regard with support seen at 0.6300 with the 0.6530s targeted to confirm the bias towards 0.6670s trendline resistance.
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