NZDUSD continues to rise inside the short-term impulse wave 3 which started earlier from the support level 0.66300 (former resistance from August), coinciding with the support trendline from the middle of May. The active impulse wave 3 belongs to the impulse wave (C) from last month. Given the predominant daily uptrend and the rising bearish U.S. dollar sentiment seen across the FX market today – NZDUSD is likely to rise further toward the next resistance level 0.68000 (top of the previous impulse wave 1 from the start of September).
NZDUSD rising inside wave 3; Likely to reach to 0.68000
![](https://analysis.leoprime.com/wp-content/uploads/2020/09/NZDUSD-Primary-Analysis-Sep-16-1358-PM-1-day-1-1200x548.png)