NZDUSD was under pressure due to the US rate hike. The support rests in 0.72240 with resistance at 0.72660 which both lines are below the weekly pivot point 0.72770. The EMA of 10 is moving horizontally close to the EMA of 100. The RSI is moving on the 50 level, the MACD indicator is negative territory and the Stochastic is showing upward momentum. The pair may start its decline towards 0.7180.
NZDUSD analysis for 31.08.2016
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