23 Jun 2014
NZD/USD up 0.38% on healthy HSBC PMI’s
FXStreet (Guatemala) - NZD/USD is trading at 0.8731, up 0.38% on the day, having posted a daily high at 0.8735 and low at 0.8696.
NZD/USD is back onto the 0.87 handle and extending its bullish stance on the start of the week with traders taking advantage of the best Chinese HSBC Manufacturing PMI seen in 7 months. Meanwhile, the FXStreet OB/OS Index is reflecting overbought hourly conditions though, while the FXStreet Trend Index is only slightly bullish.
NZD/USD Levels
Spot is presently trading at 0.8731, and next resistance can be seen at 0.8733 (Monthly High), (Weekly High), 0.8735 (Daily High), 0.8741 (Annual High) and (YTD High). Support below can be found at 0.8724 (Yesterday's High), 0.8721 (Daily Classic R1), 0.8704 (Hourly 20 EMA), 0.8701 (Daily Open) and (Daily Classic PP).
NZD/USD is back onto the 0.87 handle and extending its bullish stance on the start of the week with traders taking advantage of the best Chinese HSBC Manufacturing PMI seen in 7 months. Meanwhile, the FXStreet OB/OS Index is reflecting overbought hourly conditions though, while the FXStreet Trend Index is only slightly bullish.
NZD/USD Levels
Spot is presently trading at 0.8731, and next resistance can be seen at 0.8733 (Monthly High), (Weekly High), 0.8735 (Daily High), 0.8741 (Annual High) and (YTD High). Support below can be found at 0.8724 (Yesterday's High), 0.8721 (Daily Classic R1), 0.8704 (Hourly 20 EMA), 0.8701 (Daily Open) and (Daily Classic PP).