The NZD/USD currency pair is now trending upward. EMA 200 H4 is still holding strong on the four-hour chart. In this scenario, trading should generally be done in the southerly direction, and it may be worthwhile to search for sell exit opportunities towards the conclusion of the decline.
The support rests at 0.69260 with resistance at 0.69480. The Pivot Point is at 0.69390 which the price is moving above it. The EMA of 10 is moving in bullish bias in the ascendant channel and it is below EMA of 200 and the EMA of 100. The RSI is moving above the level of 50, the MACD histogram is in positive territory. The Stochastic is moving in high ranges and generated a buy sell signal. The ADX is moving horizontally and not showing a clear signal.
The price is inside the Ichimoku Cloud and the Chinkou Span is far away from the market price. The Tenkan-sen is showing an upward momentum but the Kijun-sen is showing a downward momentum.

• There is resistance at 0.69480, followed by resistance at 0.69610 and 0.69700.
• There is support at 0.69260 Below, there is 0.69170 and 0.69040.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.

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