13 Sep 2013
NZD/USD testing support at 0.8140
FXstreet.com (London) - NZD/USD has climbed 80 pips since the hawkish tone that came from the RBNZ yesterday, and was eventually capped at 0.8160.
An RBNZ message that was overall more hawkish (despite still saying its currency remains ‘high’) has made the NZD the top performing G10 currency explained research teams at TD Securities. The pair now awaits Business PMI and ANZ Business Confidence in New Zealand. . On the data front for the US, the pair has seen Initial Jobless Claims that arrived 292k against 330k expected for Sep 6th while Continuing Jobless Claims came in at 2.871m against 2.960 expected.
NZD/USD Levels; RSI approaching 70
NZD/USD levels are coming with the 20 DMA is 0.7910, the 50 DMA is 0.7917. RSI reads 69.83. Supports are ascending from 0.8037, 0.8050, 0.8065, 0.8091. Spot is 0.8130, while resistances are 0.8165, 0.8173, 0.8213 and 0.8256
An RBNZ message that was overall more hawkish (despite still saying its currency remains ‘high’) has made the NZD the top performing G10 currency explained research teams at TD Securities. The pair now awaits Business PMI and ANZ Business Confidence in New Zealand. . On the data front for the US, the pair has seen Initial Jobless Claims that arrived 292k against 330k expected for Sep 6th while Continuing Jobless Claims came in at 2.871m against 2.960 expected.
NZD/USD Levels; RSI approaching 70
NZD/USD levels are coming with the 20 DMA is 0.7910, the 50 DMA is 0.7917. RSI reads 69.83. Supports are ascending from 0.8037, 0.8050, 0.8065, 0.8091. Spot is 0.8130, while resistances are 0.8165, 0.8173, 0.8213 and 0.8256