16 Jan 2014
NZD/USD moves into the 0.83 handle on a spike
FXstreet.com (Guatemala) - NZD/USD has seen a 40 pip rally to score 0.8336 and is trying to maintain the 0.8330’s.
NZD/USD has enjoyed some relief from a broad base dollar sell off triggering stops post only slightly disappointing US data. The US data today came in the form of Jobless Claims which disappointed, Consumer Prices rising 1.5% and in line year on year and Tic flows $-29.3B.
NZD/USD Levels
The 20 DMA is 0.8242, the 50 DMA is 0.8244 and the 200 DMA is 0.8152. RSI (14) reads 64.37. Supports are ascending from 0.8232, 0.8260, 0.8284, 0.8293. Spot is 0.8328 while resistances are 0.8358, 0.8386, 0.8433 and 0.8446.
NZD/USD has enjoyed some relief from a broad base dollar sell off triggering stops post only slightly disappointing US data. The US data today came in the form of Jobless Claims which disappointed, Consumer Prices rising 1.5% and in line year on year and Tic flows $-29.3B.
NZD/USD Levels
The 20 DMA is 0.8242, the 50 DMA is 0.8244 and the 200 DMA is 0.8152. RSI (14) reads 64.37. Supports are ascending from 0.8232, 0.8260, 0.8284, 0.8293. Spot is 0.8328 while resistances are 0.8358, 0.8386, 0.8433 and 0.8446.