The NZDUSD price provides more positive trades after surpassing the EMA50, waiting to test 0.5738$ as a next main target, which represents 23.6% Fibonacci correction level for the entire decline from 0.6377$ to 0.5540$, which means that breaching it will extend the bullish wave to reach 0.5860$ as a next positive station.
Holding above 0.5640$ will keep the expected rise valid, as breaking it represents the key to turn to decline to head towards visiting 0.5540$ initially.
Origin: Economies
