NZD/USD Extends Gain On Strong Rally

NZD/USD extends gain on strong rally as it retains its corrective recovery. Resistance comes in at the 0.6450 level where a break will turn attention to the 0.6500 level. A break of here will have to happen to create scope for a move higher towards the 0.6550 level.

Further out, resistance resides at the 0.6600 level. Its daily RSI is bullish and pointing higher suggesting further upside pressure. Support stands at the 0.6400 level. Further down, the 0.6350 level comes in as the next downside target and then the 0.6300 level. All in all, NZD/USD faces further upside in the days ahead.

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