“¢ The pair continued with its struggle to make it through an important confluence resistance, comprising of 50-day SMA and a short-term descending trend-channel. “¢ Technical indicators on the daily chart have struggled to move into positive territory and indicate that the near-term up-move might have already started losing steam. “¢ However, a convincing break through the mentioned barrier will negate the bearish set-up and prompt some aggressive short-covering move in the near-term. “¢ Alternatively, weakness back below the key 0.6500 psychological mark will reinforce the negative outlook and turn the pair vulnerable to resume with its well-established bearish trend. NZD/USD daily chart NZD/USD Overview: Last Price: 0.6542 Daily change: -12 pips Daily change: -0.183% Daily Open: 0.6554 Trends: Daily SMA20: 0.652 Daily SMA50: 0.6579 Daily SMA100: 0.6678 Daily SMA200: 0.6931 Levels: Daily High: 0.6574 Daily Low: 0.652 Weekly High: 0.6612 Weekly Low: 0.6465 Monthly High: 0.67 Monthly Low: 0.6501 Daily Fibonacci 38.2%: 0.6554 Daily Fibonacci 61.8%: 0.6541 Daily Pivot Point S1: 0.6525 Daily Pivot Point S2: 0.6496 Daily Pivot Point S3: 0.6471 Daily Pivot Point R1: 0.6579 Daily Pivot Point R2: 0.6604 Daily Pivot Point R3: 0.6633 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 BoE: No changes coming – TDS FX Street 4 years "¢ The pair continued with its struggle to make it through an important confluence resistance, comprising of 50-day SMA and a short-term descending trend-channel. "¢ Technical indicators on the daily chart have struggled to move into positive territory and indicate that the near-term up-move might have already started losing steam. "¢ However, a convincing break through the mentioned barrier will negate the bearish set-up and prompt some aggressive short-covering move in the near-term. "¢ Alternatively, weakness back below the key 0.6500 psychological mark will reinforce the negative outlook and turn the pair… 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.
