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NZD/USD Technical Analysis: Kiwi at daily highs ahead of NZ quarterly employment data

NZD/USD daily chart

  • NZD/USD is trading in a bear leg below its 200-day simple moving average (SMA). 
  • The New Zealand quarterly employment data at 22:45 GMT can lead to high volatility in NZD-related currency 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 trading above its main SMAs suggesting a bullish bias in the short-term. 
  • Bulls need a break above 0.6690 to reach 0.6710, 0.6740 and 0.6770 to the upside.
  • Support is at 0.6640 and 0.6610 level.

Additional key levels

NZD/USD

Overview
Today last price0.6681
Today Daily Change0.0015
Today Daily Change %0.23
Today daily open0.6666
 
Trends
Daily SMA200.6713
Daily SMA500.6788
Daily SMA1000.6788
Daily SMA2000.6728
Levels
Previous Daily High0.6682
Previous Daily Low0.6653
Previous Weekly High0.6691
Previous Weekly Low0.658
Previous Monthly High0.6939
Previous Monthly Low0.6744
Daily Fibonacci 38.2%0.6671
Daily Fibonacci 61.8%0.6664
Daily Pivot Point S10.6652
Daily Pivot Point S20.6638
Daily Pivot Point S30.6623
Daily Pivot Point R10.6681
Daily Pivot Point R20.6696
Daily Pivot Point R30.671

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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