NZDUSD with a higher high pattern formation at H1 chart

There is a bullish momentum alive on the Kiwi, because of the RBNZ Monetary Policy Statement posted during the wednesday’s session.

Technically, NZDUSD is looking to rally towards the resistance level of 0.6792, where a pullback could happen to test again the daily pivot point level of 0.6685.

We should expect a higher high pattern formation in coming days at H1 chart, in order to break higher that resistance zone mentioned above, as it has been a key zone for the sellers.

MACD indicator is still on the positive territory.

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