2 Feb 2015
NZD/USD hits fresh highs above 0.7300
FXStreet (Córdoba) - NZD/USD broke above 0.7300 during the American session and printed a fresh daily high at 0.7321, reaching the strongest level since last Thursday. The pair then bounced to the downside and it was hovering around 0.7300.
The kiwi is recovering against the US dollar after falling on Friday, to 0.7215, the lowest since March 2011. Commodity currencies are rising on Monday against greenback as commodities also rise.
NZD/USD technical level
To the downside, support might be located at 0.7280 (European session high) and 0.7240/50 (daily low). On the opposite direction, resistance could lie at 0.7320 (daily high) and the 0.7345 (Jan 29 high).
The kiwi is recovering against the US dollar after falling on Friday, to 0.7215, the lowest since March 2011. Commodity currencies are rising on Monday against greenback as commodities also rise.
NZD/USD technical level
To the downside, support might be located at 0.7280 (European session high) and 0.7240/50 (daily low). On the opposite direction, resistance could lie at 0.7320 (daily high) and the 0.7345 (Jan 29 high).