The Kiwi saw a bearish start to the week, but quickly leaned to the bullish side to take out Friday’s high before smoothing out above the 0.6800 major level. The pair remains constrained by consecutive lower highs on higher timeframes, and last week’s peak on H4 candles at 0.6839 will be critical for bulls to capture if they want to maintain a recovery run. Kiwi bulls remain hopeful, and have continued to defend key lows near 0.6680, bolstering the NZD/USD from further declines. NZD/USD Chart, 15-Minute Spot rate: 0.6815 Relative change: 0.31% High: 0.6824 Low: 0.6783 Trend: Potential bearish pullback Support 1: 0.6783 (current day low) Support 2: 0.6755 (61.8% Fibo retracement level) Support 3: 0.6712 (previous week low) Resistance 1: 0.6839 (previous week high) Resistance 2: 0.6858 (July high) Resistance 3: 0.6920 (June 25th peak) 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 US Sec. of State Pompeo: Iran’s leaders have enriched themselves from corruption FX Street 5 years The Kiwi saw a bearish start to the week, but quickly leaned to the bullish side to take out Friday's high before smoothing out above the 0.6800 major level. The pair remains constrained by consecutive lower highs on higher timeframes, and last week's peak on H4 candles at 0.6839 will be critical for bulls to capture if they want to maintain a recovery run. Kiwi bulls remain hopeful, and have continued to defend key lows near 0.6680, bolstering the NZD/USD from further declines. NZD/USD Chart, 15-Minute Spot rate: 0.6815 Relative change: 0.31% High: 0.6824 Low: 0.6783… 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.
