“¢ The pair caught some aggressive bid on Thursday and is now looking to build on the positive momentum further beyond the 0.6600 handle. “¢ The pair finally broke through an important confluence hurdle, comprising of 50-day SMA and a short-term descending trend-channel resistance. “¢ Technical indicators on the daily chart are gradually moving into positive territory and add credence to a possible near-term bullish breakout. “¢ Hence, a follow-through up-move led by some fresh technical buying, towards reclaiming the 0.6700 handle, now looks a distinct possibility. NZD/USD daily chart NZD/USD Overview: Last Price: 0.6603 Daily change: 86 pips Daily change: 1.32% Daily Open: 0.6517 Trends: Daily SMA20: 0.652 Daily SMA50: 0.6576 Daily SMA100: 0.6673 Daily SMA200: 0.6927 Levels: Daily High: 0.6572 Daily Low: 0.6513 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 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 JPY futures: faces some consolidation FX Street 4 years "¢ The pair caught some aggressive bid on Thursday and is now looking to build on the positive momentum further beyond the 0.6600 handle. "¢ The pair finally broke through an important confluence hurdle, comprising of 50-day SMA and a short-term descending trend-channel resistance. "¢ Technical indicators on the daily chart are gradually moving into positive territory and add credence to a possible near-term bullish breakout. "¢ Hence, a follow-through up-move led by some fresh technical buying, towards reclaiming the 0.6700 handle, now looks a distinct possibility. NZD/USD daily chart NZD/USD… 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.
