NZDUSD is chiefly under the influence of tensions between the US and China.
The support rests at 0.73600 with resistance at 0.73970 which both lines are above the weekly pivot point at 0.72620. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the MACD line is below the signal line in the negative territory and the Stochastic is moving in high ranges. The ADX is showing weak buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Long positions are recommended towards 0.745.

nzdusd

nzdusd