Blake Morrow’s Chart of The Day – Feb 4th 2021
NZDUSD
Yesterday’s strong employment data pushed the pair to the 0.7220’s wedge resistance. We have been monitoring this wedge for the last couple weeks, so a break of the 0.6625 level could put the 0.7300 level back in view once again. Support is strong at the 0.7100 level on dips. RSI is mid range.
