New Zealand Dollar Outlook: NZD/USD Grinds at Resistance- Kiwi Levels

new zealand dollar outlook nzd usd grinds at resistance kiwi levels

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;

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