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NZD/USD Upside Potential is Big

By:
Nenad Kerkez
Published: Feb 18, 2021, 08:06 GMT+00:00

The upside potential in the NZD/USD is still big. The price is making higher lows and swings to the upside have been big so far.

AUD/USD

As long as the price is rejecting the POC zone, the pair should go higher. 0.7155-65 is the zone. We can also spot a trendline which is adding to the confluence. D L3 and D L4 are holding the price from breaking lower and also add to the positive confluence. Targets are 1.7200, 1.7250 and 1.7270 should the bullish momentum persist.

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Cheers and safe trading,

Nenad

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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