The New Zealand dollar (NZD), as we have seen over the previous few months, wants to grow but isn’t performing well against the US dollar.
MACD is showing bullish wave on going, MACD bars are turning dark green, and MACD line has smoothly broken above the signal line. RSI index is indicating 40.00 and is going on a bullish wave.
In addition a harmonic pattern is detected which can be a sign of bullish market for NZD.

• There is resistance 0.61322 followed by resistance at 0.61459 and 0.61748
• There is support at 0.60972, Below, there is 0.60774 and 0.60530.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.