Back
16 Sep 2015
NZD/USD: breaking up on 0.63 handle
FXStreet (Guatemala) - NZD/USD is currently trading at 0.6356 with a high of 0.6370 and low of 0.6356.
NZD/USD has popped higher along the recovery trend from 0.6250 having broken up through where the 20/50 and 200 SMA on the hourly charts have met in an otherwise sideways formation with a slight bullish bias on the ascending support line. We now await the Fed's decision on the 17th as the next catalyst.
NZD/USD breaks channel resistance
NZD/USD has popped through the channel resistance at the halfway point of the 0.63 handle. The next target will be 0.6400. To the downside 0.6280 and 0.6250 guard 0.6220.
NZD/USD has popped higher along the recovery trend from 0.6250 having broken up through where the 20/50 and 200 SMA on the hourly charts have met in an otherwise sideways formation with a slight bullish bias on the ascending support line. We now await the Fed's decision on the 17th as the next catalyst.
NZD/USD breaks channel resistance
NZD/USD has popped through the channel resistance at the halfway point of the 0.63 handle. The next target will be 0.6400. To the downside 0.6280 and 0.6250 guard 0.6220.