NZD/USD is trading in the middle of its daily range ahead of the New Zealand employment data which is set to be released at 22:45 GMT. Lots of volatility can be expected as the data is only released once per quarter. On the daily chart NZD/USD has found support at the 21-period simple moving average suggesting some building bullish momentum. However, bulls would need to breakout above 0.6852 July 26 high and 0.6859 July 9 high to start to create a higher high. To the downside, support is likely located near the 0.6791 July 30 low and 0.6726 July 27 low. New Zealand jobs report preview: Favorable conditions for NZD/USD to move up. NZD/USD 15-minute chart NZD/USD daily chart Spot rate: 0.6818 Relative change: -0.08% High: 0.6833 Low: 0.6801 Trend: Neutral /Bullish above 0.6852-0.6859 area Resistance 1: 0.6826 June 21 low Resistance 2: 0.6852-0.6859 area, July 26 high and July 9 high Resistance 3: 0.6885 June 25 low Resistance 4: 0.6900-0.6923 area figure and supply/demand level Support 1: 0.6791 July 30 low Support 2: 0.6762 July 27 low Support 3: 0.6713 July 19 low Support 4: 0.6689 current 2018 low 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 When is the New Zealand Unemployment Rate, and how could it affect the NZD/USD? FX Street 5 years NZD/USD is trading in the middle of its daily range ahead of the New Zealand employment data which is set to be released at 22:45 GMT. Lots of volatility can be expected as the data is only released once per quarter. On the daily chart NZD/USD has found support at the 21-period simple moving average suggesting some building bullish momentum. However, bulls would need to breakout above 0.6852 July 26 high and 0.6859 July 9 high to start to create a higher high. To the downside, support is likely located near the 0.6791 July 30 low and 0.6726 July… 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.
