NZD/USD leaves symmetrical triangle

In line with bullish technical indicators, the pair continued the surge and successfully broke through the upper trend line of a symmetrical triangle. For this reason, the only notable support level is presented by the 20-hour SMA near the 0.7272. From the opposite side, the nearest resistance level is formed by the monthly R2 at 0.7314 and the weekly R1 at 0.7326. Most likely the rate is going to continue the surge to test the abovementioned barrier. There is still not enough data, but it seems that the rate has entered into a narrow ascending channel, which additionally supports the above scenario. However, if the pair decides to go downstairs, the fall might last until the rate reaches the 55-, 100- and 200-hour SMAs.