FxWirePro

Breaks above 0.6568 could see further bullishness in NZD/USD

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
350 0 7
NZD/USD             edges higher from session lows at 0.6514 after upbeat NZ             business confidence data, but lower commodities and a broadly stronger US dollar             likely to weigh on the pair

New Zealand business sentiment continued to improve in November, rising to a six-month high, the survey's headline measure showed a net 14.6 percent of respondents expected the economy to improve over the year ahead, compared with a 10.5 percent optimism level in the previous poll

The pair is currently trading at 0.6538, with immediate resistance at 0.6545 (50 % Fibo retracement of 0.6196 - 0.6896 rise), on the downside support is seen at 0.6500 levels, breaks below could take the pair to 0.6428 levels and then to 0.6384

Strong resistance for the pair is seen around 0.6555 to 0.6560 region, further bullishness can be seen only on breaks above trendline resistance at 0.6568, pair could then test 0.6628 (38.2 % Fibo retracement of 0.6196 - 0.6896 rise)
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