NZD/USD holds its position around 0.6200 during the European hours on Thursday.
NZD/USD could encounter immediate resistance around the nine-day EMA at the 0.6203 level. The 14-day RSI remains above the 50 level, confirming the overall bullish trend. The immediate support appears around the 14-day EMA at 0.6180 level, aligned with the lower boundary. On the daily chart, the pair is trekking above the lower boundary of the ascending channel, supporting a bullish bias. A break below the lower boundary would weaken the bullish bias.
6180 level, alignedwith the lower boundary of the ascending channel around the 0.6170 level. A break below this level could weaken the bullish bias and lead the pair to navigate the area around the psychological level of 0.6100. NZD/USD: Daily Chart New Zealand Dollar PRICE Today The table below shows the percentage change of New Zealand Dollar against listed major currencies today. New Zealand Dollar was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.00% 0.04% -0.
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NZD/USD Price Forecast: Jumps to near three-week high of 0.6030The NZD/USD pair climbs to near almost three-week high of 0.6030 in Monday’s North American session.
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NZD/USD Price Forecast: Rallies to near 0.6030 on upbeat market sentimentThe NZD/USD pair surges to near 0.6030 in Friday’s European session.
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NZD/USD Price Forecast: Moves above 0.6200, targets a seven-month highNZD/USD recovers recent losses from the previous session, trading around 0.6220 during Tuesday’s European hours.
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NZD/USD Price Forecast: Testing top of range and attempting to breakoutNZD/USD continues knocking on the ceiling of the sideways range it established since the springtime.
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NZD/USD Price Forecast: Falls toward lower boundary of channel near 0.6150NZD/USD extends losses, trading around 0.6180 during the European hours on Wednesday.
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NZD/USD Price Analysis: Bulls push the price to 0.6000, must hold the lineOn Thursday, the NZD/USD pair extended its gains, mildly rising to 0.6000, a key resistance level which if it is secured, would improve the outlook.
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