29 Jan 2015
NZD/USD bounces off 0.7230; back 0.7260
FXStreet (San Francisco) - After falling 70 pips from 0.7300 in the American session, the NZD/USD finally found support at 0.7230, fresh 3-year low, where the pair found buying interest that sent it back to 0.7260.
Currently, NZD/USD is trading at 0.7262, down -0.99% on the day, having posted a daily high at 0.7350 and low at 0.7234. NZD/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
NZD/USD levels
If the pair extends bounce, it will face next resistances are at 0.7300, 0.7340 and 0.7400. To the downside, 0.7230, 0.7200 and 0.7180.
Currently, NZD/USD is trading at 0.7262, down -0.99% on the day, having posted a daily high at 0.7350 and low at 0.7234. NZD/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
NZD/USD levels
If the pair extends bounce, it will face next resistances are at 0.7300, 0.7340 and 0.7400. To the downside, 0.7230, 0.7200 and 0.7180.