FOREX Updates : Technical Levels For NZD/USD Today

The major trend of NZD/USD is bearish. Prices are sustaining below the falling trendline with a positive bias. Today if the pair breaks the psychological level of 0.7435 at upside we can expect it to test the level of 0.7460 /0.7490. Prices are taking support of 30 SMA & can come up to test 200 SMA.

RSI is also sustaining in buying territory supporting the ongoing trend. MACD line has recently break the zero line,indicating the up trend in the market.

STRATEGY :- NZD/USD is looking further bullish on charts. One can go for buy on dips strategy for this pair for intra day to mid term positions.

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1154	1.1228	1.1352	1.1426	1.1550	1.1624	1.1748
GBP/USD	1.5025	1.5093	1.5211	1.5279	1.5397	1.5465	1.5583
USD/JPY	116.53	116.76	117.15	117.38	117.77	118.00	118.39
USD/CHF	0.9068	0.9137	0.9175	0.9244	0.9282	0.9351	0.9389
AUD/USD	0.7648	0.7690	0.7744	0.7786	0.7840	0.7882	0.7936
EUR/GBP	0.7383	0.7414	0.7451	0.7482	0.7519	0.7550	0.7587
USD/CAD	1.2158	1.2274	1.2355	1.2471	1.2552	1.2668	1.2749
NZD/USD	0.7256	0.7298	0.7346	0.7388	0.7436	0.7478	0.7526

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