Former neckline forms next resistance level
Charttechnisch could develop the bullish momentum further. The next significant barrier is $ 0.6857. Here, the former neckline of the SKS lineup runs from early December 2018. Although the S-K-S formation has already been formed, the neckline acts as a temporary resistance level that must be overcome to maintain the uptrend. At the bottom, the NZD / USD is backed by two important backups. To the 200-period line at $ 0.6800 and the other from the 23.60% retracement at $ 0.6772.
