NZD/USD forex analysis: Price breaks above 0.6204 monthly resistance [Video]

Duncan Cooper ACY Securities

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the NZDUSD daily and 15 min charts.

Price has broken above the 0.6204 monthly resistance level.

NZDUSD Monthly chart on ACY MT4

0.6204-00 the monthly support level and the Figure.

Watching for price to pull back and hold at this intraday support level for a further advance to move above yesterday’s high.

Author

Duncan Cooper

ACY Securities

Duncan Cooper is a full-time trader and mentor. He has been actively trading the financial markets for more than 15 years and has traded stocks, options, futures, and the Forex Market since 2005.

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