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14 Jan 2015
NZD/USD settles at mid-range
FXStreet (Córdoba) - NZD/USD has settled at mid-range, little changed on the day, after wavering between small losses and gains tracking commodities moves and investors sentiment.
NZD/USD bounced off a 1-week low of 0.7689 and climbed toward the 0.7780 zone before facing resistance at the 50-day SMA. The pair has spent the last hours in a slim range around its opening level and it is currently trading at 0.7735.
NZD/USD levels to watch
As for technical levels, resistances are seen at 0.7779 (daily high) and 0.7800 (Jan 13 high/psychological level). On the flip side, supports could be found at 0.7689 (daily low) and 0.7618 (Jan 5 low).
NZD/USD bounced off a 1-week low of 0.7689 and climbed toward the 0.7780 zone before facing resistance at the 50-day SMA. The pair has spent the last hours in a slim range around its opening level and it is currently trading at 0.7735.
NZD/USD levels to watch
As for technical levels, resistances are seen at 0.7779 (daily high) and 0.7800 (Jan 13 high/psychological level). On the flip side, supports could be found at 0.7689 (daily low) and 0.7618 (Jan 5 low).