NZD/USD Intraday Bullish
Pivot point: 0.6448
The trend of bullish remains as Kiwi headed higher yesterday. It broke above the first resistance of 0.6456 in US session and closed near 0.6460. If the upwards momentum continues, then the pair may rise towards the first resistance level of 0.6492 and test the second resistance level of 0.6522. Alternatively, if the bearish momentum is regained, the support level of 0.6418 may be tested which may pull the prices lower towards 0.6373.
Resistance level 1: 0.6492 Resistance level 2: 0.6522 Resistance level 3: 0.6567
Support level 1: 0.6418 Support level 2: 0.6373 Support level 3: 0.6343
Pivot point: 0.6448
The trend of bullish remains as Kiwi headed higher yesterday. It broke above the first resistance of 0.6456 in US session and closed near 0.6460. If the upwards momentum continues, then the pair may rise towards the first resistance level of 0.6492 and test the second resistance level of 0.6522. Alternatively, if the bearish momentum is regained, the support level of 0.6418 may be tested which may pull the prices lower towards 0.6373.
Resistance level 1: 0.6492 Resistance level 2: 0.6522 Resistance level 3: 0.6567
Support level 1: 0.6418 Support level 2: 0.6373 Support level 3: 0.6343
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.