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2 Apr 2014
NZD/USD holding form; daily up trend in tact
FXStreet (Guatemala) - Currently, NZD/USD is trading at 0.8600, down -0.43% on the day, having posted a daily high at 0.8639 and low at 0.8586.
NZD/USDhas been testing the ascending trendline on the daily charts and holds form currently with a bounce off the lows there. The FXStreet OB/OS Index is reflecting oversold hourly conditions, while the FXStreet Trend Index is slightly bearish. Currently RSI is at 31.48, up from the last hourly print at 29.26, with ADX at 52.63, up from its previous close at 44.27.
NZD/USD Levels
With spot trading at 0.8600, we can see next resistance ahead at 0.8608 (Hourly 200 SMA), 0.8617 (Daily Classic S1), 0.8622 (Weekly Classic PP), 0.8638 (Yesterday's Low) and 0.8639 (Daily Open). Support below can be found at 0.8595 (Daily Classic S2), 0.8586 (Daily Low), 0.8576 (Weekly Low), 0.8552 (Daily Classic S3) and 0.8551 (Daily 20 SMA).
NZD/USDhas been testing the ascending trendline on the daily charts and holds form currently with a bounce off the lows there. The FXStreet OB/OS Index is reflecting oversold hourly conditions, while the FXStreet Trend Index is slightly bearish. Currently RSI is at 31.48, up from the last hourly print at 29.26, with ADX at 52.63, up from its previous close at 44.27.
NZD/USD Levels
With spot trading at 0.8600, we can see next resistance ahead at 0.8608 (Hourly 200 SMA), 0.8617 (Daily Classic S1), 0.8622 (Weekly Classic PP), 0.8638 (Yesterday's Low) and 0.8639 (Daily Open). Support below can be found at 0.8595 (Daily Classic S2), 0.8586 (Daily Low), 0.8576 (Weekly Low), 0.8552 (Daily Classic S3) and 0.8551 (Daily 20 SMA).