NZD/USD Technical Analysis: Kiwi bears pressuring the lows near 0.6750 support

NZD/USD daily

  • NZD/USD is ranging just above its 200-day simple moving averages (SMAs).

NZD/USD 4-hour chart

  • NZD/USD is trading below it main SMAs suggesting a bearish bias in the medium-term.


NZD/USD 30-minute chart

  • NZD/USD is trading below its main SMAs suggesting a bearish bias in the short-term.
  • 0.6750 is the level to beat for bears. If breached 0.6920 can come into play.
  • Looking up, resistance is seen at 0.6770 and 0.6790 level.

Additional key levels

 

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