#Todayanalysis# NZD/USD Intraday Neutral
Pivot point: 0.6585
Resistance level 1: 0.6616 Resistance level 2: 0.6645 Resistance level 3: 0.6676
Support level 1: 0.6557 Support level 2: 0.6525 Support level 3: 0.6497
Comment: The Kiwi is trading neutral. After testing both support and resistance level 1, the pair closed slightly above the daily pivot. If an upward trend can be recaptured, the price could push higher to 0.6616 which can result in the second resistance level of 0.6645 being tested. Alternatively, if the bears can continue, the support level of 0.6557 may be tested which may push prices further lower towards 0.6525.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.