What is the technical outlook for NZD/USD over the medium-term? Here is their view, courtesy of eFXdata: Credit Suisse discusses NZD/USD technical outlook and maintains a bullish bias over the medium-term. “We might see another near-term consolidation phase over the next few days, prior to a resumption of the core bull trend. A clear and closing break above .7151 would ensure a direct continuation of the core bull trend, with resistance then seen at .7171 and then .7200, with a lack of meaningful medium-term resistance above here until .7395,” CS notes. “Support moves to .7078, ahead of .7054. Removal of this area, whilst not our base case, can see a move back to .7013/00,” CS adds. For lots more FX trades from major banks, sign up to eFXplusBy signing up for eFXplus via the link above, you are directly supporting Forex Crunch. Kenny Fisher Kenny Fisher Kenny Fisher - Senior Writer A native of Toronto, Canada, Kenneth worked for seven years in the marketing and trading departments at Bendix, a foreign exchange company in Toronto. Kenneth is also a lawyer, and has extensive experience as an editor and writer. Kenny's Google Profile View All Post By Kenny Fisher Daily Look share Read Next Equities are more attractive than government bonds – HSBC FX Street 2 years What is the technical outlook for NZD/USD over the medium-term? Here is their view, courtesy of eFXdata: Credit Suisse discusses NZD/USD technical outlook and maintains a bullish bias over the medium-term. "We might see another near-term consolidation phase over the next few days, prior to a resumption of the core bull trend. A clear and closing break above .7151 would ensure a direct continuation of the core bull trend, with resistance then seen at .7171 and then .7200, with a lack of meaningful medium-term resistance above here until .7395," CS notes. "Support moves to .7078, ahead of .7054. Removal of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
