The bullish divergence of the relative strength index (RSI), as seen in the hourly chart, indicates that the NZD/USD pair could rise to trendline resistance, currently located at 0.6455. A violation there would add credence to the bull RSI divergence and would open up upside toward the falling 50-hour exponential moving average (EMA) of 0.6471. A break below 0.6424 would invalidate the bullish divergence of the RSI. Hourly Chart Spot rate: 0.6438 Daily HIgh: 0.6439 Daily Low: 0.6424 Trend: Bullish Resistance R1: 0.6455 (trendline hurdle) R2: 0.6471 (50-hour EMA) R3: 0.6486 (descending 5-day EMA) Support S1: 0.6424 (daily low) S2: 0.64 (psychological level) S3: 0.6347 (January 2017 low) 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, North Korea ‘pretty close’ to agreement on logistics on second summit: US’ Pompeo – Reuters FX Street 4 years The bullish divergence of the relative strength index (RSI), as seen in the hourly chart, indicates that the NZD/USD pair could rise to trendline resistance, currently located at 0.6455. A violation there would add credence to the bull RSI divergence and would open up upside toward the falling 50-hour exponential moving average (EMA) of 0.6471. A break below 0.6424 would invalidate the bullish divergence of the RSI. Hourly Chart Spot rate: 0.6438 Daily HIgh: 0.6439 Daily Low: 0.6424 Trend: Bullish Resistance R1: 0.6455 (trendline hurdle) R2: 0.6471 (50-hour EMA) R3: 0.6486 (descending 5-day EMA) Support S1: 0.6424 (daily low) S2:… 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.
