Currently, NZD/USD is trading at 0.6444. The pair started a new up trend on 19th May and after touching the resistance level the price is moving towards its support level . It may start a new down trend if it breaks the support level at 0.6444, then its first target will be at 0.6245 and second target will be at 0.6122.
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Rishikesh Lilawat
Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.
