NZDUSD Facing Major Resistance

2019-11-21 16:43:51

NZDUSD is facing a major resistance at the current levels - $0.6430s. The bulls are bracing for a fight with the 100 DMA and the down-slipping trend line that connects recent highers lows. A break of this zone will likely trigger a move above $0.65 cents where the ascending line meets the 200 DMA.