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Thread: NZD/USD

  1. #61
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    NZD/USD 29.08.2016
    The New Zealand dollar recovered after hitting a 1-week low, to trade 0.1 percent higher at 0.7231. On Friday, the major rose to fresh 15-month high level of 0.7380, however, reversed sharply after comments from Feds Janet Yellen indicated a strong case for raising interest rates in near-future. Immediate resistance is located at 0.7270 (10-DMA), break above targets 0.7300. On the lower side, support is seen at 0.7200, break below could drag it near 0.7164.

  2. #62
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    NZD/USD 07.09.2016
    The New Zealand dollar extended gains above the 0.7400 handle, strengthened by upbeat NZ Global Dairy Trade auction results and rallying oil prices. The major rose for the sixth consecutive session, hitting its highest level since mid-May 2015. The Kiwi trades 0.8 percent higher at 0.7474, attempting to gain the 0.7500 handle. Immediate resistance is located at 0.7500, break above could take it till 0.7530/ 0.7560. On the downside, support is seen at 0.7397 (Session Low), break below targets 0.7350.

 

 
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