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18 Jun 2013
NZD/USD holds above 0.8000
FXstreet.com (San Francisco) - After trading sub 0.8000 levels the whole Tuesday's session, the NZD/USD jumped around 50 pips to test intra-day highs at 0.8020. Currently the pair is trading at 0.8005.
Holding the 0.8000 position and performing 0.20% positive on the day, the NZD/USD remains strongly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as CCI and Momentum are pointing to the north while the Stochastic and the MACD are neutral.
Fighting the 0.8000 level
If the pair holds the 0.8000 level, next resistances are at 0.8020 and 0.8040. On the downside, below the mentioned key level, 0.7950 and 0.7925 are supports.
Holding the 0.8000 position and performing 0.20% positive on the day, the NZD/USD remains strongly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as CCI and Momentum are pointing to the north while the Stochastic and the MACD are neutral.
Fighting the 0.8000 level
If the pair holds the 0.8000 level, next resistances are at 0.8020 and 0.8040. On the downside, below the mentioned key level, 0.7950 and 0.7925 are supports.