The NZD/USD is currently trading at 0.6648, having clocked a five-week high of 0.6666 a few minutes before press time. The kiwi cleared the trendline falling from April highs and Sept. 26 highs yesterday, confirming a bearish-to-bullish trend change. The pair closed yesterday at 0.6653, establishing a bullish higher lows and higher highs pattern. It has found acceptance above the 50-day exponential moving average (EMA). Further, the 5-, 10-day EMAs are beginning to roll over in favor of the bulls. The 14-day relative strength index (RSI) and stochastics are printing bullish above 50.00 and looking north. Hence, the spot could soon rise above 0.71, albeit after a minor pullback as the hourly chart is showing a bearish divergence of the RSI and stochastic. Daily Chart Hourly Chart Trend: Bullish NZD/USD Overview: Last Price: 0.665 Daily change: -4.0 pips Daily change: -0.0601% 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%: 0.6607 Daily Fibonacci 61.8%: 0.6571 Daily Pivot Point S1: 0.6558 Daily Pivot Point S2: 0.6462 Daily Pivot Point S3: 0.6409 Daily Pivot Point R1: 0.6707 Daily Pivot Point R2: 0.676 Daily Pivot Point R3: 0.6856 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 USD/JPY Technical Analysis: The Dollar’s declines seeing bullish challenges FX Street 4 years The NZD/USD is currently trading at 0.6648, having clocked a five-week high of 0.6666 a few minutes before press time. The kiwi cleared the trendline falling from April highs and Sept. 26 highs yesterday, confirming a bearish-to-bullish trend change. The pair closed yesterday at 0.6653, establishing a bullish higher lows and higher highs pattern. It has found acceptance above the 50-day exponential moving average (EMA). Further, the 5-, 10-day EMAs are beginning to roll over in favor of the bulls. The 14-day relative strength index (RSI) and stochastics are printing bullish above 50.00 and looking north. Hence, the spot could… 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.
