Kiwi on the rise as risk assets find favor against the US Dollar as risk appetite swings forward on positive trade headlines from the US. July’s peak at 0.6860 is the key barrier keeping bulls under pressure, and a break higher will leave NZD bulls free to make a run for 0.70 as long as markets remain optimistic, but hazards abound for a return to risk aversion. NZD/USD Chart, 15-Minute Spot rate: 0.6844 Relative change: 0.13% High: 0.6849 Low: 0.6827 Trend: Bullish Support 1: 0.6827 (current day low) Support 2: 0.6784 (previous day low) Support 3: 0.6764 (61.8% Fibo retracement level) Resistance 1: 0.6858 (July 9th peak) Resistance 2: 0.6920 (June 25th swing high) Resistance 3: 0.7000 (major psychological level) 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 US President Trump: China is using US farmers as ‘pawns’ – Reuters FX Street 5 years Kiwi on the rise as risk assets find favor against the US Dollar as risk appetite swings forward on positive trade headlines from the US. July's peak at 0.6860 is the key barrier keeping bulls under pressure, and a break higher will leave NZD bulls free to make a run for 0.70 as long as markets remain optimistic, but hazards abound for a return to risk aversion. NZD/USD Chart, 15-Minute Spot rate: 0.6844 Relative change: 0.13% High: 0.6849 Low: 0.6827 Trend: Bullish Support 1: 0.6827 (current day low) Support 2:… 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.
