The NZD has been lagging for the most part in the leg of USD weakness we have seen for over the past month, but perhaps today it has finally made that break that will have the bears on the sidelines. 
The above chart is a daily of the NZDUSD, and as can be clearly seen, we've taken out some major resistance levels and broken higher.
What makes todays price action look even more bullish, is that the pair is holding the highs so far.
Earlier this month, the pair did break to these levels, only to fall back under the down trendline which marked some significant resistance in the pair, the fact that it has once again climbed up above the levels, indicates resilience in the pair.
An upside break on the daily chart is not something we have seen in quite some time in a USD pair. Dips on the pair can offer good buy setups.
The above chart is a daily of the NZDUSD, and as can be clearly seen, we've taken out some major resistance levels and broken higher.
What makes todays price action look even more bullish, is that the pair is holding the highs so far.
Earlier this month, the pair did break to these levels, only to fall back under the down trendline which marked some significant resistance in the pair, the fact that it has once again climbed up above the levels, indicates resilience in the pair.
An upside break on the daily chart is not something we have seen in quite some time in a USD pair. Dips on the pair can offer good buy setups.
