NZD/USD is trading 0.39% higher on the session despite thin holiday trade. There is a key resistance zone on the upside that the bulls need to challenge. NZD/USD daily chart Despite very thin volume on Friday (US participants are off for Independence day) NZD/USD has moved higher by 0.39%. NZD/USD is a currency that performs well when the risk environment is positive and over the week stocks have performed well. Looking at the chart below, the bulls will have to break past the black horizontal line at 0.6580 to keep this impressive trend going. If this feat is achieved then the purple resistance line at 0.6756 could be hit next. On the downside, the red support zone is the area to watch if you have a bearish bias. 0.64 has been a tough nut to crack and it seems an event-driven move would be needed to break the zone. The MACD indicator is slightly mixed at the moment. The histogram is in the red and the signal lines are above the mid-point. This signal line is a better gauge of trend and if the histogram turns green again it could be a great long signal. The Relative Strength Index looks to be heading to the positive overbought zone again. Many people think this means that the price has to pullback. This is sometimes the case but more often than not after a brief move lower the trend normally continues in the direction if the break. Additional levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Top 3 Coins Bitcoin, Ethereum and Ripple Price Prediction: BTC/USD and ETH/USD lacks healthy support levels – Confluence Detector FX Street 3 years NZD/USD is trading 0.39% higher on the session despite thin holiday trade. There is a key resistance zone on the upside that the bulls need to challenge. NZD/USD daily chart Despite very thin volume on Friday (US participants are off for Independence day) NZD/USD has moved higher by 0.39%. NZD/USD is a currency that performs well when the risk environment is positive and over the week stocks have performed well. Looking at the chart below, the bulls will have to break past the black horizontal line at 0.6580 to keep this impressive trend going. If this feat is achieved then… 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.