NZD / USD giet werom nei de trend nei ôfwizing fan nivo 0.6600

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RESULTS

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 upward move. The Kiwi rose to level 0.6600 and was resisted. This will be the second time the pair will be testing the resistance at level 0.6600. The first time the resistance was tested the market fell to level 0.6400. Yesterday the bulls have been resisted as the market makes a downward move. The kiwi is likely to reach the low of level 0.6400.

Yndyske oantsjuttings foar lêzen fan kaart:
De Kiwi is op nivo 61 fan 'e perioade fan' e relative sterkte-yndeks 14. It ympliseart 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 jout oan dat de merk tanimt.

NZD / USD Trend op middellange termyn: Bearish
On the 4-hour chart, the NZD/USD pair is an uptrend. The bulls tested the resistance at level 0.6600 twice before the downward move. The price has broken below the EMAs. The downtrend will continue to the low of level 0.6450 or 0.6400.

4-oere grafyske yndikatoaren lêze
The 50-day and 21-day SMA are sloping upward. It indicates that the recent upward move. The pair is below 20% range of the daily stochastic. It indicates that the market is in the oversold region. It indicates that buyers are likely to emerge in the oversold region.


Algemien Outlook foar NZD / USD
The NZD/USD pair was earlier in an uptrend but was repelled at level 0.6600. The pair is now on a downward move. The selling pressure will reach the low of level 0.6400 if the pair continues its downward move.


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