15 Apr 2015
NZD/USD rises to test April highs
FXStreet (Córdoba) - NZD/USD climbed toward April highs as the US dollar tumbled across the board. The pair peaked at 0.7618, reaching the strongest level since April 6.
The kiwi is headed toward the second daily gain in a row , accumulating a gain of 140 pips versus greenback and if it ends above 0.7600 it would post the strongtes close since since March 25. Currently trades slightly below 0.7600 after retreating from the highs. The rally of NZD/USD so far has been capped by April highs that lie at 0.7630/35.
NZD/USD remains sideways
The pair continues to move sideways as it has been the case since the beginning of the month, with support around the 0.7440 area and resistance at the 0.7600 handle.
The kiwi is headed toward the second daily gain in a row , accumulating a gain of 140 pips versus greenback and if it ends above 0.7600 it would post the strongtes close since since March 25. Currently trades slightly below 0.7600 after retreating from the highs. The rally of NZD/USD so far has been capped by April highs that lie at 0.7630/35.
NZD/USD remains sideways
The pair continues to move sideways as it has been the case since the beginning of the month, with support around the 0.7440 area and resistance at the 0.7600 handle.