NZD / USD Resumes uptrend post Minor retracement ad Level 0.7000

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Results

Resistentia key gradus: 0.6600, 0.6800, 0.7000
Key gradus Support: 0.6200, 0.6000, 0.5800

NZD / USD Long-term Fossa Price: Bullish
NZD/USD is in an upward move. The pair rallied to level 0.7100 but faced rejection at the recent high. The Kiwi retraced and found support above level 0.7000. The support at level 0.7000 is likely to hold because of an indication of a candlestick with a long tail. The long tail is indicating that there is a strong buying pressure at level 0.7000.

Charta cotidiana lectio Indicatores,
Kiwi ortus est ut 71 e robore relativo Index periodi 14. Indicat par in emptam regionem mercatus appropinquare. Dies 50-diei SMA et 21 dies SMA sursum acclives sunt ad novissimum notantes.

NZD / USD Medium-terminus Trend: Bullish
On the 4-hour chart, the NZD/USD pair has resumed an upward move. On December 7 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The Kiwi will rise and reach level 2.0 Fibonacci extensions. That is the high of level 0.71216.

Top IV-hora lectio Indicatores
50-dies et 21-dies SMAs sursum acclivis sunt. Par in uptrend esse indicat. Kiwi super 40% amplitudinem stochastic cotidiani. Indicat forum in impetu bullienti.

Generalis pro Outlook NZD / USD
The NZD/USD pair has continued to rally as it reached the high of level 0.7100. The pair has resumed the upward move after a minor retracement. Nevertheless, the Fibonacci tool has that the Kiwi will rise and reach level 2.0 Fibonacci extensions. That is the high of level 0.71216.


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