“¢ The pair stalled its positive momentum just ahead of monthly tops and traded with a mild negative bias through the early European session. “¢ Overbought conditions, as depicted by RSI (14) on the 1-hourly chart, seemed to be the only factor prompting some profit-taking. “¢ However, given that the pair on Wednesday broke through over two-week-old descending trend-line resistance, dip-buying might now help limit any deeper corrective slide. NZD/USD 1-hourly chart Spot rate: 0.6828 Daily High: 0.6851 Trend: Bullish Resistance R1: 0.6859 (monthly tops set on July 9) R2: 0.6882 (50-day SMA) R3: 0.6917 (R3 daily pivot-point) Support S1: 0.6802 (100-period SMA H1) S2: 0.6769 (weekly low set on Tuesday) S3: 0.6743 (S3 daily pivot-point) 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 Australia: Improved sentiment in 2018 driven by tax cuts & mining states – Westpac FX Street 5 years "¢ The pair stalled its positive momentum just ahead of monthly tops and traded with a mild negative bias through the early European session. "¢ Overbought conditions, as depicted by RSI (14) on the 1-hourly chart, seemed to be the only factor prompting some profit-taking. "¢ However, given that the pair on Wednesday broke through over two-week-old descending trend-line resistance, dip-buying might now help limit any deeper corrective slide. NZD/USD 1-hourly chart Spot rate: 0.6828 Daily High: 0.6851 Trend: Bullish Resistance R1: 0.6859 (monthly tops set on July 9) R2: 0.6882 (50-day… 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.
