NZD/USD broke above a two-week high on Wednesday. It is now consolidating its best daily advance since mid-February just below the 0.7000 handle. NZD/USD bulls created a strong bull breakout from the 0.6900 handle as they are trying to set up the stage for a bull trend in the coming days and weeks. NZD/USD is now trading above its 50 and 100-period simple moving averages on the 4-hour chart, suggesting bullish momentum. NZD/USD 15-minute chart Spot rate: 0.6990 Relative change: 1.22% High: 0.6999 Low: 0.6902 Trend: Bullish Support 1: 0.6960 Monday’s high Support 2: 0.6900 handle Support 3: 0.6851 May 16 and 2018 low Resistance 1: 0.7000 handle Resistance 2: 0.7053 May 4 high Resistance 3: 0.7153 March 21 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 GBP/USD fails to stay above 1.33, looks to close day modestly higher near 1.3280 FX Street 5 years NZD/USD broke above a two-week high on Wednesday. It is now consolidating its best daily advance since mid-February just below the 0.7000 handle. NZD/USD bulls created a strong bull breakout from the 0.6900 handle as they are trying to set up the stage for a bull trend in the coming days and weeks. NZD/USD is now trading above its 50 and 100-period simple moving averages on the 4-hour chart, suggesting bullish momentum. NZD/USD 15-minute chart Spot rate: 0.6990 Relative change: 1.22% … 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.
