17 December, 2021 (NZD/USD)

17 December, 2021 (NZD/USD)

  • Date: 17-12-21

#nzdusd, below is the weekly chart attached, forming a flag pattern with the support of 200 SMA, seems to hold the support of .66900 and upward target of .72400, RBNZ seems to be hawkish in recent statements will push the kiwi higher towards the target. if the flag is broken then downside is limited to .65200 only.