- The Kiwi’s technical recovery from a new low has flattened out, NZD/USD has failed to break the last swing high.
- NFP Friday is looming ahead, plus US-China tariffs going both ways, which will keep Dollar traders on the sidelines for now.
- Hourly indicators are mixed as the pair continues to trade flat.
Spot rate: | 0.6765 |
Relative change: | 0.10% |
High: | 0.6768 |
Low: | 0.6750 |
Trend: | Sideways |
Support 1: | 0.6725 (61.8% Fibo retracement level) |
Support 2: | 0.6689 (Major technical bottom) |
Support 3: | 0.6662 (S2 daily pivot) |
Resistance 1: | 0.6788 (current week high) |
Resistance 2: | 0.6807 (R2 daily pivot) |
Resistance 3: | 0.6921 (previous week high) |