DeGRAM

NZDUSD growth from strong support level

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The price came to the strong level of 0.717.
The price movement takes place within this level since December 2020.
The price broke it several times during the rise and fall.
It rebounded several times and showed merge growth (maximum - 0.745.).
And still it returned to the level.
Now the price is at the support 0.717, where it fell from the resistance zone.
I expect the price to bounce and rise towards the zone (resistance line + resistance zone).
The target is 0.725.

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