27 Jun 2014
NZD/USD offering a profit taking opportunity?
FXStreet (Guatemala) - Currently, NZD/USD is trading at 0.8772, down -0.09% on the day, having posted a daily high at 0.8795 and low at 0.8767.
NZD/USD is backing up from the highs as we draw to a close on the week and is becoming less of the threat to the 0.88 handle. Bulls are waning and the FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index remains strongly bullish. Currently RSI is lower 43.75, down from the last hourly print at 58.62.
NZD/USD Levels
Spot is presently trading at 0.8769, and next resistance can be seen at 0.8780 (Daily Open), (Monthly High), (Weekly High), (Annual High) and 0.8788 (Weekly Classic R2). Support below can be found at 0.8767 (Daily Low), 0.8766 (Daily Classic R1), 0.8766 (Hourly 20 EMA), 0.8743 (Weekly Classic R1) and 0.8741 (YTD High).
NZD/USD is backing up from the highs as we draw to a close on the week and is becoming less of the threat to the 0.88 handle. Bulls are waning and the FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index remains strongly bullish. Currently RSI is lower 43.75, down from the last hourly print at 58.62.
NZD/USD Levels
Spot is presently trading at 0.8769, and next resistance can be seen at 0.8780 (Daily Open), (Monthly High), (Weekly High), (Annual High) and 0.8788 (Weekly Classic R2). Support below can be found at 0.8767 (Daily Low), 0.8766 (Daily Classic R1), 0.8766 (Hourly 20 EMA), 0.8743 (Weekly Classic R1) and 0.8741 (YTD High).