Kiwi getting squeezed by bearish triangle break into support, ceiling from rising trendline likely to hold. Short-term oscillators have struck oversold quickly; sellers will want to wait for a reload of short signals. Recovery from May bottom at 0.6850 running out of steam. NZD/USD, 1 Hour Spot rate: 0.6910 Relative change: 0.20% Trend: Turning Bearish Support 1: 0.6890, multiple rejections from this point. Support 2: 0.6870, May 17th swing low. Support 3: 0.6850, May bottom. Resistance 1: 0.6930, 50-SMA Resistance 2: 0.6960, May 28th swing high. Resistance 3: 0.6990, May 11th high touch. 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 USD/JPY risk reversals: JPY call bias strongest since March 23 FX Street 5 years Kiwi getting squeezed by bearish triangle break into support, ceiling from rising trendline likely to hold. Short-term oscillators have struck oversold quickly; sellers will want to wait for a reload of short signals. Recovery from May bottom at 0.6850 running out of steam. NZD/USD, 1 Hour Spot rate: 0.6910 Relative change: 0.20% Trend: Turning Bearish Support 1: 0.6890, multiple rejections from this point. Support 2: 0.6870, May 17th swing low. Support 3: 0.6850, May bottom. Resistance 1: 0.6930, 50-SMA Resistance 2: 0.6960, May 28th swing high. Resistance 3: 0.6990, May 11th high touch. 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.
