Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingPresently, NZD/USD is an upward move. Today, the Kiwi is finding penetration difficult at level 0.7300. The uptrend has been stalled at level 0.7300. In the previous price action on April 29, the pair was resisted at level 0.7300. The […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingNZD/USD pair has been in a sideways move since January 6. Buyers have not been able to break level 0.7300. The bulls have retested the resistance twice without breaking it. For the past three days, the kiwi is falling after […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: RangingNZD/USD pair is in an upward move to retest or break level 0.7250. On March 17, buyers pushed the price to a high of level 0.7250 and were repelled. The Kiwi fell to level 0.6950 and resumed a fresh uptrend. […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishThe Kiwi has been in a downward movement since February 25. It was rejected at level 0.7450 and it fell to level 0.7100. The Kiwi corrected upward but faced another rejection at level 0.7250. This time, NZD/USD slumped to 0.6950 […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair has been in a downward move but the Kiwi’s price is making an upward correction. The pair corrected upward to level 0.7050 resistance zone and was resisted. Since April 5, the upward move is facing rejection at the […]
NZD/USD seems ready to get out from a minor range signaling more gains ahead. The price action has developed a Double Bottom reversal pattern. So, the pair could come back higher in the short term. The US data has come in mixed on Friday signaling that the USD could depreciate in the short term. It […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair has been in a downward move since February 25. The price is making a series of lower highs and lower lows. Today, the Kiwi has fallen to the low 0.7030. On March 5 downtrend; a retraced candle body […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair has continued to fall on the downside. The pair faces another rejection at level 0.7300 resistance zone. On March 5 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the Kiwi will […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair is making a series of lower highs and lower lows. On March 5 downtrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the Kiwi will fall to level 2.618 Fibonacci extension . […]
