Search ForexCrunch
  • 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.

NZD/USD Chart, 1-Hour

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)