NZDUSD currency pair continues to rise inside the short-term upward corrective wave 4, which previously broke the resistance area located between the key resistance level 0.66800 (top of the previous correction (a)), 20-day moving average and the 38.2% Fibonacci correction of the previous sharp downward impulse wave 3 from the start of January. Given the strongly bullish NZD sentiment seen across the FX markets today – NZDUSD currency pair can be expected to rise further toward the next resistance level 0.67600 (target price for the completion of the active correction 4).
NZDUSD broke resistance area; Likely to rise to resistance level 0.67600.
![](https://analysis.leoprime.com/wp-content/uploads/2022/02/NZDUSD-Primary-Analysis-Feb-09-1742-PM-1-day-1-1200x547.png)