NZD/USD Technical Analysis: Calm before the storm ahead of NZ CPI

NZD/USD daily chart

  • NZD/USD is trading in a range below its 200-day simple moving average (SMA). 
  • The New Zealand Consumer Price Index (CPI) year-on-year for the first quarter is scheduled at 22.45 GMT. The event can potentially lead to high volatility in NZD-related pairs.

NZD/USD 4-hour chart

  • NZD/USD is trading above its 50 SMA suggesting a consolidation in the medium-term.


NZD/USD 30-minute chart

  • NZD/USD is consolidating above its 200 SMA this Tuesday. 
  • Bulls need a break above 0.6770 to reach 0.6800 figure to the upside. 
  • Support is at 0.6740 and 0.6710 level.

Additional key levels

NZD/USD

Overview
Today last price 0.6758
Today Daily Change -0.0006
Today Daily Change % -0.09
Today daily open 0.6764
 
Trends
Daily SMA20 0.6801
Daily SMA50 0.6814
Daily SMA100 0.6808
Daily SMA200 0.6734
Levels
Previous Daily High 0.6784
Previous Daily Low 0.675
Previous Weekly High 0.6783
Previous Weekly Low 0.6713
Previous Monthly High 0.6939
Previous Monthly Low 0.6744
Daily Fibonacci 38.2% 0.6771
Daily Fibonacci 61.8% 0.6763
Daily Pivot Point S1 0.6748
Daily Pivot Point S2 0.6732
Daily Pivot Point S3 0.6714
Daily Pivot Point R1 0.6782
Daily Pivot Point R2 0.68
Daily Pivot Point R3 0.6816

 

 

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