Sumary of New Zealand Dollar Outlook: NZD/USD Grinds at Resistance- Kiwi Levels:
- New Zealand Dollar Technical Price Outlook: NZD/USD Near-term Trade LevelsNew Zealand Dollar updated technical trade levels – Daily &
- Intraday ChartsNZD/USD August rally falters into trend resistance Risk for pullback while below 7147 – Constructive above 7032 The New Zealand Dollar is fractionally lower against the US Dollar since the start of the week with NZD/USD trading just below the weekly open into the close on Wednesday.
- A rally of more than 5.3% off the August low saw Kiwi turn from trend resistance last week and the focus is on this near-term consolidation just below.
- These are the updated targets and invalidation levels that matter on the NZD/USD technical charts.
- Review my latest Strategy Webinar for an in-depth breakdown of this Kiwitrade setup and more.
- New Zealand Dollar Price Chart – NZD/USD DailyChart Prepared by Michael Boutros, Technical Strategist;