News

NZD/USD Technical Analysis: kicks higher alongside the Aussie

  • The Kiwi kicked into 0.6575 after the Aussie employment data saw a volatility spike in the AUssie drag the NZD/USD along as the Antipodeans see a brief spark of life.
  • Data is thin this week for the NZD and the Kiwi-Dollar pairing is at the mercy of broader market sentiment.
  • The NZD is testing into 30-month lows as the US Dollar climbs atop the G20 currency pile.

NZD/USD Chart, 15-Minute

Spot rate:  0.6575
Relative change:  0.27%
High:  0.6582
Low:  0.6554
   
Trend:  Sideways to bearish
   
Support 1:  0.6554 (current day low)
Support 2: 0.6543 (previous week low; major technical bottom)
Support 3:  0.6500 (major technical level)
   
Resistance 1:  0.6609 (current week high)
Resistance 2:  0.6678 (61.8% Fibo retracement level)
Resistance 3:  0.6762 (previous week high)

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.