27 Oct 2014
And the NZD/USD flew to 0.7900
FXStreet (San Francisco) - After testing the 0.7880 area several times in the Monday's session, NZD/USD finally broke up this level and it extended highs to the 0.7900 area. The movement seems to be fueled by stops triggering above previous resistances.
Currently, NZD/USD is trading at 0.7899, up 0.55% on the day, having posted a daily high at 0.7904 and low at 0.7846. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
NZD/USD levels
After a sustainable break above 0.7900, the NZD/USD will find resistances at 0.7910, 0.7980 and 0.8000. To the downside, supports are at 0.7860, 0.7840 and 0.7800.
Currently, NZD/USD is trading at 0.7899, up 0.55% on the day, having posted a daily high at 0.7904 and low at 0.7846. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.
NZD/USD levels
After a sustainable break above 0.7900, the NZD/USD will find resistances at 0.7910, 0.7980 and 0.8000. To the downside, supports are at 0.7860, 0.7840 and 0.7800.