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NZD/USD: Bullish Momentum Hinges on 1M Pivot Break

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Dollar New Zealand / Dollar AS (OANDA:NZDUSD)  
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OANDA:NZDUSD   Dollar New Zealand / Dollar AS
Trend Analysis Support and Resistance Pivot Points Contains image
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trendanalysis supportandresistance pivotpoints containsimage
Hello Everyone,

For a bullish trend to continue, NZD/USD must surpass the monthly pivot point (1M PP) and maintain a stable position above it. Failure to breach this level could result in the 1M PP acting as resistance, potentially prompting another downward test before upward momentum resumes.

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