News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
NZD/USD Faces Resistance Until .7300

NZD/USD Faces Resistance Until .7300

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

NZD/USD Faces Resistance Until .7300

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Since dropping sharply from well-defined resistance, Kiwi has bounced although from above the level I had as support (.7100…the 55 and 200 day averages cluster just above the figure as do several pivot lows in recent months). The rebound contends with resistance from the December (FOMC) high now (.7238). In the event of continued strength, pay attention to .7300/10 (closing high level and February open).

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES