NZD/USD Technical Analysis: Kiwi runs into 0.6800 resistance as the RBNZ leaves rates on hold
|- NZD/USD is trading in a bull trend above the 200-period simple moving average on the 4-hour chart.
- NZD/USD found resistance near the 0.6800 resistance after the RBNZ (Reserve Bank of New Zealand) left interest rates unchanged at 1.75%. While the trend is bullish the bulls might have overextended themselves with technical indicators in oversold conditions.
- Supports to the downside can be seen near 0.6750 and 0.6700 figure.
NZD/USD
Overview:
Last Price: 0.6784
Daily change: 1.1e+2 pips
Daily change: 1.71%
Daily Open: 0.667
Trends:
Daily SMA20: 0.656
Daily SMA50: 0.6574
Daily SMA100: 0.6662
Daily SMA200: 0.6913
Levels:
Daily High: 0.6684
Daily Low: 0.6646
Weekly High: 0.669
Weekly Low: 0.6513
Monthly High: 0.663
Monthly Low: 0.6424
Daily Fibonacci 38.2%: 0.667
Daily Fibonacci 61.8%: 0.6661
Daily Pivot Point S1: 0.6649
Daily Pivot Point S2: 0.6628
Daily Pivot Point S3: 0.6611
Daily Pivot Point R1: 0.6688
Daily Pivot Point R2: 0.6705
Daily Pivot Point R3: 0.6726
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.