NZDUSD chart by TradingView


The NZDUSD currency pair is often called 'The Kiwi', as the $1 coin of the currency depicts a kiwi bird. It is one of the 10 most-traded currencies in the world, and gained considerable appeal during the multi-decade commodity boom that took place around the globe. Kiwi appreciation had gotten so high that the Reserve Bank of New Zealand began intervention efforts in 2012, seeking to devalue New Zealand Dollar.

Support & Resistance

NZD/USD Remains Weak Helped by Central Bank Rhetoric
S10.7020 M R30.7190 W
S20.6976 M R20.7133 S
S30.6890 S R10.7075 S


NZD/USD Remains Weak Helped by Central Bank Rhetoric

The Kiwi dollar is expected to move lower, much to the delight of the Reserve Bank of New Zealand
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Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in DXY, AUD/USD, EUR/USD, NZD/USD & EUR/CAD
Expertise: Short-term Technical
Average Time Frame of Trades: 1-3 Days

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