23 Dec 2015
NZD/USD trims daily losses, climbs back to 0.6800
FXStreet (Córdoba) - The New Zealand dollar managed to take back losses against the greenback during the New York session after finding support at the 100-hour SMA.
NZD/USD fell to a daily low of 0.6761 as the US dollar strengthened following solid personal income and durable goods orders data, but found support and climbed back to the 0.6800 area during the American afternoon, where it trades little changed on the day.
There is no data scheduled in New Zealand nor the US for the rest of the shortened week.
NZD/USD technical levels
In terms of technical levels, next supports could be found at 0.6758 (10-day SMA), 0.6720 (Dec 21 low) and 0.6700 (psychological level). On the flip side, resistances are seen at 0.6835 (Dec 22 high), 0.6865 (200-day SMA) and 0.6897 (Oct 15 high).
NZD/USD fell to a daily low of 0.6761 as the US dollar strengthened following solid personal income and durable goods orders data, but found support and climbed back to the 0.6800 area during the American afternoon, where it trades little changed on the day.
There is no data scheduled in New Zealand nor the US for the rest of the shortened week.
NZD/USD technical levels
In terms of technical levels, next supports could be found at 0.6758 (10-day SMA), 0.6720 (Dec 21 low) and 0.6700 (psychological level). On the flip side, resistances are seen at 0.6835 (Dec 22 high), 0.6865 (200-day SMA) and 0.6897 (Oct 15 high).