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27.03.202404:14 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of NZD/USD Commodity Currency Pairs, Wednesday, March 27 2024.

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Exchange Rates 27.03.2024 analysis

On the 4 hour chart, NZD/USD commodity currency pairs seems there is the appearance of Bullish 123 pattern where this gives the potential to Kiwi to strengthening its correction, where as long as there is no weakness which exceed below the level 0,5979, then this commodity currency pairs has the potential to strengthen and test the level 0,6003 if managed to broken upward, then NZD/USD will continue its strengthening today until the level 0,6025 and if the momentum as well as the volatility is supporting, then level 0,6101 will be the next target to be aimed of.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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