NZDUSD is currently moving up to the level of 0.65206, RSI indicator shows the market still have a strong upward trend, the market is still expected will move up to the level of 0.65410.
NZDUSD currently moving down to the level of 0.64941, MACD shows the market has reached a saturation point, it is estimated the market will move up to the level of 0.65112.
Currently NZDUSD is moving up with high volatility to the level of 0.66359, MACD shows the market still have a strong upward trend, so the market is still expected will move up to the level of 0.66674.
The New Zealand dollar rose above the 0.7200 level, supported by rising oil prices and stronger risk sentiment after latest round of Brexit polls showed an overall lead for the ‘remain’ camp. The Kiwi trades 1 percent higher at 0.7228, having touched 2016 high of 0.7253, a level since end of May 2015. Immediate resistance is located at 0.7253 (Session High), while on the downside, support is seen at 0.7134 (5-DMA).
The New Zealand dollar reversed gains, after Britains vote to leave European Union. The major declined as markets rushed towards safe-haven assets, such as yen and gold amid global turbulence. The kiwi trades 2.1 percent lower 0.7087, but away from a low of 0.6970 struck earlier in the session. On the higher side, resistance is located at 0.7300, while on the down side, support is located at 0.6970 (Session Low), break below could drag the pair lower 0.6950 level.
The New Zealand dollar failed to sustain gains above the 0.7100 as investors rushed towards safe-haven assets amid financial market turmoil. The Kiwi was weighed down by declining oil prices and after the Chinese central bank devalued yuan. The major trades 0.7 percent lower at 0.7063, having touched an early high of 0.7114. Immediate support is seen at 0.7019 (20-DMA), break below could take the pair to 0.6969 (Previous Session Low). On the higher side, resistance is located at 0.7140 (5-DMA).
The New Zealand dollar reversed most of previous session losses as markets sentiment surrounding riskier assets improved. The Kiwi rose 0.9 percent at 0.7059, having gone as high as 0.7085 earlier in the session. Markets sentiment on developments surrounding Brexit and global equities will continue to drive the majors price-action. Immediate resistance is located 0.7093 (10-DMA), break above targets 0.7100 level. On the lower side, support is seen at 0.6980 (Previous Session Low).