Technical analysis of NZD/USD 08/21/2024

The NZD/USD currency pair at (1D) is trading sideways.

The technical picture indicates the development of an upward movement.

If the pair consolidates above the resistance level of 0.6200, this will mean the formation of a double bottom pattern. The target for working out the figure will be the area of ​​level 0.6500.

The key support is the level of 0.5850.

NZDUSD_STPDaily

Created by Joshua Hayn

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