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NZD/USD Daily Technical Analysis | 13 September 2017

2017-09-13 09:18 am | Resource: Technical Analysis Section | No Views : 166

Neutrality holds NZD/USD as the pair trades in the range of 0.7216 to 0.7320, the general trend is still bullish on the hourly interval.

NZD/USD Daily Technical Analysis | 13 September 2017

RSI 14 The weakness of buyers started to appear on the index when the index failed to penetrate the level of 70 during the trading yesterday, and currently controls the neutral trading index and does not support one side at the expense of the other.
It is expected that as long as the New Zealand currency is trading against the US currency between 0.7216 and 0.7320, the pair will remain neutral and therefore we recommend waiting until the breach or break the negative border to make a trading decision.
Support: 0.7205 - 0.7168 - 0.7132
Resistance: 0.7336 - 0.7374 - 0.7401
Trend: neutral


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