FxWirePro
Short

NZD/USD Short term Outlook

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
131 0 0
NZD/USD             has formed double top around 0.7445 and retreated from that level after release of U.S NFP data. The

U.S created 257000 jobs in Jan compared to forecast of 236000 fastest pace since 1997.

On the downside major support is around 0.7330 and break below will target 0.7276/0.7238.

The pair’s minor resistance is around 0.7380 and break above would extend gain to 0.7445/0.7490.

Indicators (1hour chart)
CCI (50) - Sell
CCI (14)- Sell
Ichimoku- Sell

Recommendation: Sell NZD/USD             around 0.7370, SL 0.7410, Targets 0.7330/0.7275.

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out