The NZD/USD reached a previous support on the WK timeframe. Price has not reached this low since August 2015. More than likely, we will see a reversal in trend to the upside, with minimal risk associated.
What Others Are Predicting
We are currently at W1 Support C Level. Please note that this is the W1 timeframe, not the usual D1. Each bar is 1 week in duration. Trade using proper risk management. Going long with minimal risk and targets at previous key resistance levels.
Our long target range is 0.64135 – 0.65578
Cheers to another successful week!