12 Jan 2015
NZD/USD at major levels
FXStreet (Guatemala) - NZD/USD is currently trading at 0.7852 with a high of 0.7866 and a low of 0.7830 while up on the day 0.16%
NZD/USD has found a minute bar bounce whilst on the longer terms demand for a higher price to test Dec highs. This is a major level that the bird now trends and commitment and fundamentals will need to be a catalyst that will put technicals back into play.
Meanwhile, focus will remain with Central Banks and remembers that the RBNZ downgraded the interest rate forecast until. But technically, short term, 0.7850 stands out within the top side of the clouds room before the 100 DMA upon the 0.79 handle.
NZD/USD has found a minute bar bounce whilst on the longer terms demand for a higher price to test Dec highs. This is a major level that the bird now trends and commitment and fundamentals will need to be a catalyst that will put technicals back into play.
Meanwhile, focus will remain with Central Banks and remembers that the RBNZ downgraded the interest rate forecast until. But technically, short term, 0.7850 stands out within the top side of the clouds room before the 100 DMA upon the 0.79 handle.