Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 In January 2020, NZD/USD has an opening balance of 0.6733. However, the Kiwi has a breakdown in the first quarter of the year as price dropped to 0.5469. Immediately, the bulls buy the dips as the market resumed an upward move. In other words, […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi has continued its upward move. Presently, the Kiwi is retracing after rejection at level 0.7100. The pair is in a downward move and it is approaching level 0.70413. The price has broken the 21-day SMA which suggests the […]
Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi has continued its upward move. The Kiwi has broken the resistance at level 0.7100. A retraced candle body tested the 78.6% Fibonacci retracement level. The resistance indicates that the Kiwi will rise and reach the level of 1.272 […]
Qhov tseem ceeb Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Nqe Ntev Ntev: BullishNZD/USD yog nyob rau hauv kev nce siab. Cov khub sib sau ua ke rau qib 0.7100 tab sis ntsib kev tsis lees paub ntawm qhov siab tsis ntev los no. Lub Kiwi retraced thiab pom kev txhawb nqa saum qib 0.7000. Qhov kev txhawb nqa ntawm qib 0.7000 zoo li yuav tuav vim yog […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD is in an upward move. Since November 2, the pair has continued its rally as it reaches the high of 0.70659. The Kiwi has reached a high of level 0.7100 and it is currently facing rejection. The current selling […]
Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishNZD/USD is in an upward move. Since November 2, the pair has continued its rally as it reaches the high of 0.70659. The Kiwi is trending as it reaches the overbought region of the market. Daily Chart Indicators Reading:The Kiwi […]
The NZD/USD spiked earlier this week on massive retail sales growth (q/q) to trade above the 0.70 zone but bulls were not able to continue this move beyond this level. Let’s talk about the sell zone for the kiwi against the US Dollar. The top of the zone is the highs made in early June […]
