NZDUSD makes fresh new high | June 6, 2017

Nzdusd has started with gap yesterday and then bounced back again with more bullish momentum. It has broken its resistance level and made new fresh high level. We can see more bullish movement on this pair in this week.

Last four-hour candle is suggesting buyers are active on this pair to move further higher position. So it is recommended to stay in bullish mode on this pair. Whenever any bullish sign comes on the lower time frame, we need to enter a long position. There is no chance for sell at this moment. We need big bearish candle on the daily chart to get reversal signal. Otherwise, it is fully uptrend and buy recommended. 

Support Level: 0.7145, 0.7115, 0.7065

Resistance Level: 0.7220, 0.7240

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