FX.co ★ osenger | NZD/USD

Hello traders, The NZD/USD pair showed a significant increase today, rising more than 100 points to the north. For this instrument, this already looks like a significant achievement, considering the overall average intraday volatility. All thanks to the news about the ceasefire established between the US and Iran. The positive sentiment in the markets allowed high-risk assets to significantly increase in price. Today, we reached resistance at the level of 0.5850, and from this point, we are currently observing a decent correction. I continue to monitor the situation and did not sell from there, although overall the opportunity looked good. In case of a rise above the level of 0.5925, I will start selling from there.