29 Apr 2014
NZD/USD slightly bid despite poor data
FXStreet (Guatemala) - NZD/USD is trading at 0.8539, up 0.01% on the day, having posted a daily high at 0.8546 and low at 0.8533.
NZD/USD is slightly bid despite the release of the trade data from New Zealand. At the time of writing, RSI is neutral at 49.94, up from 41.62 at the last hour close, while ADX is ranging at 15.70, down from 32.05 previous. On average, the exponential closing price for the past 20 days is 0.8597, with the trend indicating a continuation lower ahead.
NZD/USD Levels
With spot trading at 0.8541, we can see next resistance ahead at 0.8544 (Monthly Low), 0.8546 (Daily High), 0.8548 (Hourly 20 EMA), 0.8558 (Daily Classic S1) and 0.8567 (Weekly Low). Support below can be found at 0.8539 (Weekly Classic S1), 0.8538 (Daily Open), 0.8534 (Daily Classic S2), 0.8533 (Daily Low) and 0.8525 (Yesterday's Low).
NZD/USD is slightly bid despite the release of the trade data from New Zealand. At the time of writing, RSI is neutral at 49.94, up from 41.62 at the last hour close, while ADX is ranging at 15.70, down from 32.05 previous. On average, the exponential closing price for the past 20 days is 0.8597, with the trend indicating a continuation lower ahead.
NZD/USD Levels
With spot trading at 0.8541, we can see next resistance ahead at 0.8544 (Monthly Low), 0.8546 (Daily High), 0.8548 (Hourly 20 EMA), 0.8558 (Daily Classic S1) and 0.8567 (Weekly Low). Support below can be found at 0.8539 (Weekly Classic S1), 0.8538 (Daily Open), 0.8534 (Daily Classic S2), 0.8533 (Daily Low) and 0.8525 (Yesterday's Low).