FX.co ★ Technical analysis and trading recommendations for the NZD / USD currency pair as of February 1, 2018

The NZD / USD currency pair once again felt resistance near the level of 0.7430, where the "bears" successfully returned to the market. Now, we see how the quotation returned to the periodic level of 0.7340, slowing down the movement. It is likely that the "bearish" interest will remain, where, after a slight stagnation of 0.7340 / 0.7380, the quotation will try to lock below 0.7340, opening the way to 0.7300 / 0.7280.

Key Levels

Resistance zones: 0.7430; 0.7550.

Support zones: 0.7340 *; 0.7230;

* Periodic level

Attention: Forecasts are not a direct guide to action!