NZDUSD Wave Analysis – 30 June, 2022

• NZDUSD reversed from the support level 0.6200
• Likely to rise to resistance level 0.6300

NZDUSD today reversed up from the key support level 0.6200 (which stopped the previous waves 3 and 1, as can be seen below).

The upward reversal from the support level 0.6200 started the active minor corrective wave (b).

Given the strengthening USD outflows, NZDUSD can be expected to rise further toward the next resistance level 0.6300.