NZDUSD to continue in the upward move?

8月28日

NZDUSD - 24h expiry

There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6235 will confirm the bullish momentum.
The measured move target is 0.6275.

We look to Buy at 0.6220 (stop at 0.6200)
Our profit targets will be 0.6270 and 0.6275

Resistance: 0.6250 / 0.6270 / 0.6275
Support: 0.6225 / 0.6220 / 0.6210

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