NZD/USD Technical Analysis: Kiwi trading near 0.6700 figure ahead of New Zealand inflation


NZD/USD daily chart

  • NZD/USD is trading in a bear trend below the 50, 100 and 200-day simple moving averages (SMAs).
  • In New Zealand, the Consumer Price Index (CPI) Q4 will be released at 22.45 GMT. 

NZD/USD 4-hour chart

  • NZD/USD is trading below the main SMAs as the market is testing the 0.6700 figure.

NZD/USD 30-minute chart

  • The NZD/USD currency pair is trading below its main SMAs suggesting bearish momentum.
  • Support to the downside can come in at 0.6710, 0.6680 and the 0.6640. 
  • To the upside, resistance is seen near 0.6740 and the 0.6770 level.

Additional key levels

NZD/USD

Overview:
    Today Last Price: 0.6721
    Today Daily change: -0.0008 pips
    Today Daily change %: -0.12%
    Today Daily Open: 0.6729
Trends:
    Daily SMA20: 0.6747
    Daily SMA50: 0.6797
    Daily SMA100: 0.6689
    Daily SMA200: 0.678
Levels:
    Previous Daily High: 0.6756
    Previous Daily Low: 0.6713
    Previous Weekly High: 0.685
    Previous Weekly Low: 0.6727
    Previous Monthly High: 0.697
    Previous Monthly Low: 0.6686
    Daily Fibonacci 38.2%: 0.6729
    Daily Fibonacci 61.8%: 0.674
    Daily Pivot Point S1: 0.6709
    Daily Pivot Point S2: 0.669
    Daily Pivot Point S3: 0.6666
    Daily Pivot Point R1: 0.6752
    Daily Pivot Point R2: 0.6775
    Daily Pivot Point R3: 0.6795

 

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