8 Aug 2013
NZD/USD consolidates above 0.8000
FXstreet.com (Córdoba) - The NZD/USD extended its rally on Thursday, breaking above the 0.8000 hurdle during the American session amid broad greenback weakness.
NZD/USD reaches 10-day peak
NZD/USD reached its strongest level in 10 days at 0.8046, also underpinned by US stocks which turned positive after 3 day of losses. At time of writing, NZD/USD is trading at the 0.8020 zone, where it is still 0.7% above its opening price.
NZD/USD technical levels
In terms of technical levels, resistances for NZD/USD line up at 0.8046 (daily high) and the 0.8100/10 area (psychological level/Jul 25 high), while supports on the other hand are seen at 0.7930 (daily low/20-day SMA) and 0.7900 (psychological level).
NZD/USD reaches 10-day peak
NZD/USD reached its strongest level in 10 days at 0.8046, also underpinned by US stocks which turned positive after 3 day of losses. At time of writing, NZD/USD is trading at the 0.8020 zone, where it is still 0.7% above its opening price.
NZD/USD technical levels
In terms of technical levels, resistances for NZD/USD line up at 0.8046 (daily high) and the 0.8100/10 area (psychological level/Jul 25 high), while supports on the other hand are seen at 0.7930 (daily low/20-day SMA) and 0.7900 (psychological level).