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The last twenty-four hours see the NZD/USD trading firmly  into the high side, lifting into the 0.6650 zone as the US Dollar slumps across the broader FX space, and the Kiwi finds itself incredibly overextended above recent intraday highs.

NZD/USD, M15

Looking back over the past six weeks, the Kiwi has fully broken out of a wedge pattern, but still sees plenty of road left to travel before returning to September’s 0.6700 critical level.

NZD/USD, H4

On the Daily candlesticks, the Kiwi has seen a break of a major descending trendline, but remains far below the 200-day moving average, and buyers will be looking to keep the NZD/USD propped up above the 50-day moving average near 0.6590.

NZD/USD, D1

NZD/USD

Overview:
       Last Price:  0.6649
       Daily change:  -5.0  pips
       Daily change:  -0.0751%
       Daily Open:  0.6654
Trends:
       Daily SMA20:  0.6529
       Daily SMA50:  0.6576
       Daily SMA100:  0.667
       Daily SMA200:  0.6924
Levels:
       Daily High:  0.6664
       Daily Low:  0.6514
       Weekly High:  0.6612
       Weekly Low:  0.6465
       Monthly High:  0.663
       Monthly Low:  0.6424
       Daily Fibonacci 38.2%:  0.6536
       Daily Fibonacci 61.8%:  0.6549
       Daily Pivot Point S1:  0.6496
       Daily Pivot Point S2:  0.6476
       Daily Pivot Point S3:  0.6438
       Daily Pivot Point R1:  0.6555
       Daily Pivot Point R2:  0.6592
       Daily Pivot Point R3:  0.6613