- The NZD/USD is currently trading at 0.6854, having clocked a high of 0.6858 a few minutes ago – a level last seen on Dec. 19.
- The currency pair closed at 0.6839 on Friday, confirming a triangle breakout. That bullish move, however, would gain credence only if the pair closes today above the horizontal resistance of 0.6849 (Jan. 15 low).
- That looks likely as the 14-day relative strength index (RSI) is also flashing a triangle breakout.
- The bullish case would weaken if Friday’s low of 0.6747 is breached.
Daily chart
Trend: Bullish after close above 0.6849
NZD/USD
Overview:
Today Last Price: 0.6857
Today Daily change: 0.0007 pips
Today Daily change %: 0.10%
Today Daily Open: 0.685
Trends:
Daily SMA20: 0.676
Daily SMA50: 0.6794
Daily SMA100: 0.6698
Daily SMA200: 0.6769
Levels:
Previous Daily High: 0.6852
Previous Daily Low: 0.6747
Previous Weekly High: 0.6852
Previous Weekly Low: 0.6706
Previous Monthly High: 0.697
Previous Monthly Low: 0.6686
Daily Fibonacci 38.2%: 0.6812
Daily Fibonacci 61.8%: 0.6787
Daily Pivot Point S1: 0.6781
Daily Pivot Point S2: 0.6711
Daily Pivot Point S3: 0.6676
Daily Pivot Point R1: 0.6886
Daily Pivot Point R2: 0.6921
Daily Pivot Point R3: 0.6991
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