NZD/USD Forex Analysis and Forex Signal

NZD/USD is currently in a consolidation period on the D1 timeframe. If price breaks through the W1 resistance or D1 support, we should see a nice setup for an entry.

If price breaks and candle body holds above the W1 resistance of 0.68773, then a long entry with targets of 0.690968 – 0.694125 is what I will be shooting for.

If price breaks and the candle body holds below the D1 support of 0.672107, then a short entry with targets of 0.66895 – 0.66547 will be my goal.

Cheers to another successful week!

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