NZD/USD Outlook

Greetings.

Let’s take a look at the NZD/USD chart.

Our recent high is hovering right around the high of 2008. Looking at the hourly chart, the pair does show more potential bullish action – for a potential price point .8300 (which is also the high from earlier this month).

If we can see a break above and away from this level, look for the pair to potentially continue up to the .8500 level and above.

Good luck with trading and have a great weekend.