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NZDUSD to sustain down wedge breakout due to truce in trade war

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
gurjot_galwatti  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
New Zealand dollar is heading towards major resistance 0.65000 against the US dollar following a respite in US-Sino trade tensions. Technically, the pair has sustained the breakout of a downward wedge pattern in a daily time frame chart and would face immediate resistance level at 0.64829. The increase in selling pressure will force it to climb until the second resistance 0.65902.
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