New Zealand pound and expected new buying areas

Short-term analysis of the New Zealand pound pair.

 

The New Zealand pound pair has risen again after exiting the descending price channel and penetrating the resistance areas.

Currently, the pair has managed to form important and strong demand areas which are considered the best buying areas currently.

In the case of testing, it is expected to rise from them to the targets specified on the chart.

The analysis fails in the case of breaking the demand areas and closing below them.

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