Hourly indicators are bearish, still leaning towards further downside. Kiwi’s strong recovery yesterday could be overextended; risk appetite swings back into markets as Italy fears cool off. Previous resistance may have rolled over into critical support, allowing for further push higher. NZD/USD chart, 1-Hour Spot rate: 0.6984 Relative change: (-0.01%) Trend: Bullish Support 1: 0.6970 (resistance-turned-support) Support 2: 0.6927 (61.8% 1-Day Fibonacci) Support 3: 0.6882 (Wednesday swing low) Resistance 1: 0.6992 (Wednesday high point) Resistance 2: 0.7052 (May high) Resistance 3: 0.7074 (1-Day R2 pivot) 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 Forex Today: Aussie hit by poor Australian Capex, focus on Eurozone flash CPI FX Street 5 years Hourly indicators are bearish, still leaning towards further downside. Kiwi's strong recovery yesterday could be overextended; risk appetite swings back into markets as Italy fears cool off. Previous resistance may have rolled over into critical support, allowing for further push higher. NZD/USD chart, 1-Hour Spot rate: 0.6984 Relative change: (-0.01%) Trend: Bullish Support 1: 0.6970 (resistance-turned-support) Support 2: 0.6927 (61.8% 1-Day Fibonacci) Support 3: 0.6882 (Wednesday swing low) Resistance 1: 0.6992 (Wednesday high point) Resistance 2: 0.7052 (May high) Resistance 3: 0.7074 (1-Day R2 pivot) 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.
