The NZD/USD pair is looking to clear the 200-hour exponential moving average (EMA) of 0.6535, having witnessed a falling channel breakout earlier today. The hourly relative strength index (RSI) is biased bullish above 50.00. More importantly, the bullish setup on the hourly chart adds credence to Friday’s long-tailed candle. Hence, the NZD/USD pair could rise above 0.6533 (Friday’s high) in the next few hours and may re-test of the 50-day EMA of 0.6588 in the next 24 hours or so. Hourly Chart Spot Rate: 0.6532 Daily High: 0.6535 Daily Low: 0.6514 Trend: Bullish Resistance R1: 0.6534 (10-day EMA) R2: 0.6588 (50-day EMA) R3: 0.66 (psychological level) Support S1: 0.65 (zero level) S2: 0.6465 (Friday’s low) S3: 0.6424 (Oct. 8 low) 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 USD/CHF Technical Analysis: Dollar making another run for 1.0000 FX Street 4 years The NZD/USD pair is looking to clear the 200-hour exponential moving average (EMA) of 0.6535, having witnessed a falling channel breakout earlier today. The hourly relative strength index (RSI) is biased bullish above 50.00. More importantly, the bullish setup on the hourly chart adds credence to Friday's long-tailed candle. Hence, the NZD/USD pair could rise above 0.6533 (Friday's high) in the next few hours and may re-test of the 50-day EMA of 0.6588 in the next 24 hours or so. Hourly Chart Spot Rate: 0.6532 Daily High: 0.6535 Daily Low: 0.6514 Trend: Bullish Resistance R1: 0.6534 (10-day EMA) R2: 0.6588… 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.