For more than a week, NZD/USD is in a pullback + consolidation phase. But, it looks like the pullback phase is about to end very soon. The direction of the next movement will be determined by trader's reaction at this key level.
If bulls can defend the 0.64 level, then the next direction will be upwards towards 0.66.
If bulls can defend the 0.64 level, then the next direction will be upwards towards 0.66.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.