25 Jul 2013
NZD/USD at 1-month highs
FXstreet.com (Córdoba) - The NZD/USD extended gains during the European session propelled by RBNZ hawkish statement.
NZD/USD lifter by hawkish RBNZ
The NZD/USD broke above the 0.8000 psychological level and rallied toward a fresh 1-month high of 0.8047 after the Reserve Bank of New Zealand said in a statement that removal of monetary stimulus will likely be needed in the future (but not this year).
NZD/USD levels
The kiwi is currently trading at the 0.8040 zone where it records a % gain on the day with immediate resistances at 0.8053 (Jun 19 high) and 0.8070 (Jun 17 hourly high/low), while on the other hand, supports are seen at 0.8000 (psychological level) and 0.7965 (100-hour SMA).
NZD/USD lifter by hawkish RBNZ
The NZD/USD broke above the 0.8000 psychological level and rallied toward a fresh 1-month high of 0.8047 after the Reserve Bank of New Zealand said in a statement that removal of monetary stimulus will likely be needed in the future (but not this year).
NZD/USD levels
The kiwi is currently trading at the 0.8040 zone where it records a % gain on the day with immediate resistances at 0.8053 (Jun 19 high) and 0.8070 (Jun 17 hourly high/low), while on the other hand, supports are seen at 0.8000 (psychological level) and 0.7965 (100-hour SMA).