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Key Resistance Levels: 0.6600, 0.6800, 0.7000
Key Support Levels: 0.6200, 0.6000, 0.5800
NZD / USD Priis Lange termyn Trend: Bullish
NZD/USD pair is in an uptrend as price breaks level 0.6700. The market is expected to reach a high of 0.6800 and reverse. Presently, the market is testing a historical price level at level 0.6766. Thereafter a downward move is expected.
Yndyske oantsjuttings foar lêzen fan kaart:
De Kiwi is opstien nei nivo 69 fan 'e perioade fan' e Relative Strength-yndeks 14. It betsjuttet dat it pear yn 'e uptrend-sône is en boppe de sintrumline 50. De 50-dei SMA en 21-dei SMA binne omheech skean. It wiist op 'e uptrend
NZD / USD Trend op middellange termyn: fariearjend
On the 4-hour chart, the NZD/USD pair is in an upward move. A red candle body retested the 78.6% Fibonacci Retracement level. The pair will reach 1.272 extension level and reverse. The price will return to 78.6% Fibonacci retracement level.
4-oart-oantsjuttings lêzen
The 50-day and 21-day SMAs are sloping upward. It indicates that the recent upward move. The pair is above 80 % range of the daily stochastic. It indicates that the market is in a bullish momentum. The pair is in the overbought region.
Algemien Outlook foar NZD / USD
The NZD/USD pair is in an upward move in the last 48 hours. The Kiwi has broken the previous resistance level. According to the Fibonacci tool, the market will reach a high of 0.6800. Thereafter, price may have a downward move. A downward movement is expected after the uptrend
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