FxWirePro
Short

Strong resistance for NZD/USD at 0.6773, good to sell rallies

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
181 0 2
Strong trendline resistance for NZD/USD             is seen at 0.6773, pair has been rejected at highs by 0.6782 in Thursday's trade.

NZD/USD             hits session lows at 0.6735 on weakness in oil             prices and downbeat NZ             consumer confidence data.

Daily Stochs are at overbought levels and RSI is also biased lower, scope for some consolidation into FOMC next week.

Strong resistance is seen at 0.6773 ( Trendline ), while support on the downside is located at 0.6703 (23.6% Fib of 0.6429 to 0.6787 rise).

Recommendation: We find it good to sell rallies around 0.6770, SL: 0.6865, TP1: 0.6700, TP2: 0.6680, TP3: 0.6602

Resistance Levels:

R1: 0.6773 ( Trendline )

R2: 0.6782 ( Dec             10 high)

R3: 0.6787 ( Dec             4 high)

Support Levels:

S1: 0.6703 (23.6% Fib of 0.6429 to 0.6787 rise)

S2: 0.6680 (Daily Tenkan)

S3: 0.6608( Kijun)

S4: 0.6602 (21 DMA)
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out