26 Sep 2013
NZD/USD strikes back; jumps to 0.8280
FXstreet.com (Chicago) - NZD/USD strengthened against the US greenback to accumulate 0.49% gains at the closing of Wall Street.
Wall Street closed with gains, breaking a losing strike that lasted almost 6 days. The Dow was up 0.36%, the Nasdaq was up 0.70% and the S&P500 was up 0.35%. In the US, job market results improved while pending home sales decreased. Personal consumption expenditures prices failed to meet expectations and fell to -0.1% vs. expected 0%.
NZD/USD Technical Levels
Price action reveals the pair is offered at 0.8280 and oscillates between supports at 0.8267 (September 25th highs), 0.8210 (September 25th lows) ahead of 0.8162 (September 13th highs) and resistances set at 0.83 (May 1st highs), 0.8354 (September 19th lows) followed by 0.84 (September 20th highs). According to the FXstreet.com trend index, the pair is slightly bearish above the EMA20 on one-hour timeframe analysis.
Wall Street closed with gains, breaking a losing strike that lasted almost 6 days. The Dow was up 0.36%, the Nasdaq was up 0.70% and the S&P500 was up 0.35%. In the US, job market results improved while pending home sales decreased. Personal consumption expenditures prices failed to meet expectations and fell to -0.1% vs. expected 0%.
NZD/USD Technical Levels
Price action reveals the pair is offered at 0.8280 and oscillates between supports at 0.8267 (September 25th highs), 0.8210 (September 25th lows) ahead of 0.8162 (September 13th highs) and resistances set at 0.83 (May 1st highs), 0.8354 (September 19th lows) followed by 0.84 (September 20th highs). According to the FXstreet.com trend index, the pair is slightly bearish above the EMA20 on one-hour timeframe analysis.