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- NZD / USD pair under bulls control
NZD / USD pair under bulls control
Today, the NZD / USD pair rose from $0.6750 to $0.6800 (September 18 high), which is also the highest value since July 2019. On the hourly chart, the pair rose above the moving average line MA (200) H1 ($0.6650), and on the four - hour chart-above MA (200) H4 ($0.6630). In this situation, finding a buy position can probably be a wise decision for those who want to take advantage of the stronger New Zealand dollar.
⦁ Resistance levels are at: $0.6800, $0.6840, $0.6925
⦁ Support levels are at: $0.6750, $0.6670-80, $0.6610
The main scenario for the pair's promotion - breaking the session high of $0.6800 and continuing the upward movement to $0.6840 (maximum of April 1’ 2019)
An alternative scenario - correction and decline to the session low of $0.6750
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