NZD/USD monthly
Monthly support at 0.6204, resistance at 0.6527.
Monthly chart is in a downtrend showing lower tops and bottoms. Price has tested the 0.6204 monthly support level.
NZD/USD weekly
Weekly support at 0.6206, resistance at 0.6489 and 0.6512.
Weekly chart is in a downtrend. Price is rallying back to the 0.6489 – 0.6512 weekly resistance area.
NZD/USD daily
Daily support at 0.6206, resistance at 0.6568.
Daily chart is in a downtrend showing lower tops and bottoms. Looking to sell a reversal at the 0.6489 – 0.6512 weekly resistance area after the release of the RBNZ interest rate decision on Wednesday.
Target 0.6204 monthly support.
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