- Pair looking for a support zone, after accelerating to the downside; bearish pressure to persists while below 0.6760.
- On the daily chart still moves in a wide range, but close to a key support: current weakness, if persists, likely to open the doors for a test of 0.6700/20, key support area.
- A daily close above 0.6850 would negate the current bearish bias and signal more gains ahead.
NZD/USD 15-minute chart
NZD/USD Daily chart
Spot rate: 0.6742
High: 0.6797
Low: 0.6738
Trend: Sideways
Resistance 1: 0.6760
Resistance 2: 0.6800
Resistance 3: 0.6830
Support 1: 0.6725
Support 2: 0.6685
Support 3: 0.6660
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