NZD/USD edges higher in Asia

FXStreet (Bali) - Currently, NZD/USD is trading at 0.8513, up 0.16% on the day, having posted a daily high at 0.8518 and low at 0.8497.

The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is also neutral. Currently RSI is at 59.89, down from the last hourly print at 60.72, with ADX at 28.96, up from its previous close at 26.11. Daily RSI sits at 43.87, in neutral territory. Looking to momentum indicators, the hourly 200 SMA is currently at 0.8480, up from the last close at 0.8476 and climbing.

Over the past 20 days, the exponential average closing price is 0.8529, and ranging. On the hourly NZD/USD chart, ATR (14) is presently at 7 pips, while 2-Standard Deviation Volatility Bandwidth is shrinking and currently 49 pips. On a daily chart, 2-Standard Deviation Volatility Bandwidth is expanding at 287 pips.

Current price is 0.8514, with resistance ahead at 0.8518 (Daily High), 0.8529 (Daily 20 SMA), 0.8544 (Daily Classic R1), 0.8555 (Yesterday's High) and 0.8570 (Weekly Classic R1). Next support to the downside can be found at 0.8512 (Daily Classic PP), 0.8505 (Hourly 20 EMA), 0.8501 (Weekly High), 0.8500 (Daily Open) and 0.8497 (Daily Low).

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