NZD/USD breaks 0.8230 resistance; struggles to confirm

FXstreet.com (Chicago) - NZD/USD reached new session highs at 0.8246 but retraced to the 0.8230 zone where it struggles to maintain the break and the performance.

NZD/USD Technical Levels

Technically speaking, the pair is offered at 0.8231 and oscillates between the supports aligned at 0.8230 (September 14th lows), 0.8192 (September 30th lows) ahead of 0.8155 (October 30th lows) and the resistances set at 0.8267 (October 25th lows), 0.83 (October 30th highs) followed by 0.8356 (November 14th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is slightly bullish and navigates above the EMA20.