NZD / USD rov pib dua downtrend, Tej zaum yuav txiav kev muag siab ntawm qib 0.6593

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Theem Kuj Theem: 0.6600, 0.6800, 0.7000
Cov Ntsiab Txhawb Txhawb Zog: 0.6200, 0.6000, 0.5800

NZD / USD Nqe Ntev Sijhawm Sijhawm: Bearish
NZD/USD pair is in an uptrend but it is facing rejection at the recent high 0.6800. The market is currently falling but has reached bearish exhaustion. The selling pressure will terminate at level 0.6593.

Qhia Txog Cov Lus Qhia Txhua Hnub Nyeem:
The Kiwi has risen to level 48 of the Relative Strength index period 14. It implies that the pair is in the uptrend zone and above the centerline 50. The 50-day SMA and 21-day SMA are sloping upward. It indicates the uptrend.

NZD / USD - Daim Ntawv Qhia Txhua Hnub

NZD / USD Qhov Nruab Nrab Sijhawm Nruab Nrab: Bearish
On the 4-hour chart, the NZD/USD pair is falling after facing rejection at level 0.6800. The market was previously in a sideways move. A green Candle body tested 78.6% Fibonacci retracement level. The pair will fall and reach level 1.272 Fibonacci retracement level and reverse. That is level 0.6593.

NZD / USD - 4 Teev Sijhawm

4-teev Daim Ntawv Qhia Qhia Kev Nyeem
The 50-day and 21-day SMAs are sloping downward. It indicates that the recent downtrend. The pair is below the 20 % range of the daily stochastic. It indicates that the market is in a bearish momentum. It also reaches the oversold region of the market.

General Outlook rau NZD / USD
The NZD/USD is falling now after facing rejection at the recent high.According to the Fibonacci tool, the market will fall and reach the low of level 1.272, or the low of 0.6593. The Kiwi is expected to reverse at the 1.272 extension.


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