The NZD/USD pair closed well above the trendline falling from the April highs on Thursday, confirming a bearish-to-bullish trend change. The subsequent failure to close above the 100-day EMA and the pullback to 0.6638 seen today has neutralized the immediate bullish outlook. A close above the 100-day EMA would validate the upside break of the falling trendline and would open the doors to a sustained move to 0.6859 (September high). A daily close under 0.6514 (Nov. 1 low) may embolden the bears. Daily Chart Trend: Bullish above 100-day EMA NZD/USD Overview: Last Price: 0.6639 Daily change: -7.0 pips Daily change: -0.105% Daily Open: 0.6646 Trends: Daily SMA20: 0.6539 Daily SMA50: 0.6575 Daily SMA100: 0.6667 Daily SMA200: 0.692 Levels: Daily High: 0.669 Daily Low: 0.6634 Weekly High: 0.669 Weekly Low: 0.6513 Monthly High: 0.663 Monthly Low: 0.6424 Daily Fibonacci 38.2%: 0.6656 Daily Fibonacci 61.8%: 0.6669 Daily Pivot Point S1: 0.6623 Daily Pivot Point S2: 0.66 Daily Pivot Point S3: 0.6567 Daily Pivot Point R1: 0.668 Daily Pivot Point R2: 0.6713 Daily Pivot Point R3: 0.6736 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 BCH/USD gains 25% in two days as the hard fork is looming FX Street 4 years The NZD/USD pair closed well above the trendline falling from the April highs on Thursday, confirming a bearish-to-bullish trend change. The subsequent failure to close above the 100-day EMA and the pullback to 0.6638 seen today has neutralized the immediate bullish outlook. A close above the 100-day EMA would validate the upside break of the falling trendline and would open the doors to a sustained move to 0.6859 (September high). A daily close under 0.6514 (Nov. 1 low) may embolden the bears. Daily Chart Trend: Bullish above 100-day EMA NZD/USD Overview: Last Price: 0.6639 … 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.
