NZDUSD is testing the strong upside resistance and is heading for a possible triangle breakout
On the NZDUSD daily chart, we can see that the pair is in the long-term triangle formation between 0.6750 and 0.6900 level. These two levels should be broken upside/downside for a continuation higher or a reversal lower. Look for the price action around these levels and don’t trigger your trades.
Note: look for the long/short trade entries based on the price action.
