{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/nzd-usd-more-gains-in-view\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/nzd-usd-more-gains-in-view\/","headline":"NZD\/USD More Gains In View!","name":"NZD\/USD More Gains In View!","description":"The NZD\/USD pair registered an amazing upwards movement. It has taken out strong resistance levels, so the bias is bullish. Further growth is possible as the Dollar Index is bearish. Alslo, yesterday\u2019s breakout above the former high signaled an upside continuation despite temporary declines. Fundamentally, the USD could resume its depreciation after the PPI reported […]","datePublished":"2022-01-14","dateModified":"2022-01-14","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/#Person","name":"Olimpiu Tuns","url":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/","identifier":19876,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-13_18-07-59.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-13_18-07-59.png","height":868,"width":1834},"url":"https:\/\/forexschoolonline.com\/nzd-usd-more-gains-in-view\/","about":["NZD\/USD"],"wordCount":190,"keywords":["Forex","NZD\/USD","Trade Setup"],"articleBody":"The NZD\/USD pair registered an amazing upwards movement. It has taken out strong resistance levels, so the bias is bullish. Further growth is possible as the Dollar Index is bearish. Alslo, yesterday\u2019s breakout above the former high signaled an upside continuation despite temporary declines.Fundamentally, the USD could resume its depreciation after the PPI reported only 0.2% growth in December versus 0.4% expected, while the Unemployment Claims indicator was reported at 230K above 199K expected.NZD\/USD Technical Analysis!NZD\/USD registered an aggressive breakout above the 0.6867 static resistance, through the former high. In the short term, we cannot exclude a minor retreat, maybe the NZD\/USD could come back to test and retest the broken levels before resuming its growth.A minor decline to retest the former highs or a consolidation could attract more buyers and could bring new opportunities. Also, a new higher high, a bullish closure above 0.6890 today\u2019s high could activate an upside continuation. Note: ForexSchoolOnline is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results."}