The NZD/USD pair was trapped within the depicted price range (0.6860-0.6990) until a bullish breakout occurred. A bullish breakout above 0.6960-0.7000 allowed the pair to head toward the price level of 0.7100 (the key level) which failed to provide sufficient bearish pressure on the pair. Bullish persistence above 0.7100 allowed further advance toward 0.7250-0.7350 (Sell-Zone) […]