“¢ A goodish pickup in the US Dollar demand continues exerting downward pressure for the second straight session, reversing all of the gains recorded over the past two days. “¢ A sustained break below recent daily closing lows support is likely to prompt some aggressive selling and pave the way for a resumption of the prior depreciating slide. “¢ Short-term technical indicators hold in bearish territory but above oversold boundaries and further reinforce the near-term negative outlook. NZD/USD daily chart Current Price: 0.6864 Daily High: 0.6902 Trend: Bearish Resistance R1: 0.6883 (Asian session low) R2: 0.6895 (50-period SMA H1) R3: 0.6922 (overnight swing high) Support S1: 0.6826 (YTD lows set last Thursday) S2: 0.6800 (round figure mark) S3: 0.6780 (Nov. 2017 swing 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 EUR/USD still eyes a test of 1.15 – Danske Bank FX Street 3 years "¢ A goodish pickup in the US Dollar demand continues exerting downward pressure for the second straight session, reversing all of the gains recorded over the past two days. "¢ A sustained break below recent daily closing lows support is likely to prompt some aggressive selling and pave the way for a resumption of the prior depreciating slide. "¢ Short-term technical indicators hold in bearish territory but above oversold boundaries and further reinforce the near-term negative outlook. NZD/USD daily chart Current Price: 0.6864 Daily High: 0.6902 Trend: Bearish Resistance R1: 0.6883 (Asian session… Top 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.
