NZD/USD Forecast: bulls take control over the pair

USD prognoz2 dollarOn the NZD/USD daily chart, quotes returned the upward long-term trading channel and fulfill a target at 0,722 on the previously open longs.

Buyers remain their control over the pair; the quotes may rise further towards 0.7415-0.7455. There is 88.6% target in the “Shark” inverted pattern.

On the NZD/USD hourly chart, quotes went out from the ascending triangle. Its upper boundary (0.722) serves as a support. Resistance is located at the 0.726 level.

Recommendation: BUY 0,726 SL 0,7205 TP1 0,7415 TP2 0,745.

Origin: FX BAZOOKA

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