2024-09-28 18:08
IndustryNZD/USD: May continue to rise
Intraday view:
While NZD/USD may continue to rise, the lack of upward momentum suggests that it is unlikely to break through 0.6355 (there is also resistance at 0.6340). Support is at 0.6300, followed by 0.6275.
1-3 week view:
Despite the rise, the upward momentum has not increased much. For NZD/USD to continue to rise, it must clearly break through 0.6355. The probability of NZD/USD clearly breaking through 0.6355 is low at present, but this possibility remains as long as it does not fall below 0.6240 in the next few days.
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NZD/USD: May continue to rise
| 2024-09-28 18:08Intraday view:
While NZD/USD may continue to rise, the lack of upward momentum suggests that it is unlikely to break through 0.6355 (there is also resistance at 0.6340). Support is at 0.6300, followed by 0.6275.
1-3 week view:
Despite the rise, the upward momentum has not increased much. For NZD/USD to continue to rise, it must clearly break through 0.6355. The probability of NZD/USD clearly breaking through 0.6355 is low at present, but this possibility remains as long as it does not fall below 0.6240 in the next few days.
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